Cancellation and provision of accounting entries from previous years as of 1/1/2024
Learn about the criteria to be applied from January 1, 2024 in relation to the cancellation and supply of accounting entries from previous years
Accounting adjustments for accounting periods prior to 2023
General rule:
Accounting entries corresponding to movements dated from a fiscal year prior to 2 years, in the event that they determine any adjustment in the accounting stock, will be supplied and accounted for in the current year.
These entries will indicate the movement date as the date corresponding to the moment in which the need for the adjustment was verified.
To do this, two new types of movements are created:
- Positive adjustments for movements from previous years
- Negative adjustments for movements from previous years
Special rule:
However, the Audit Service, upon written request of the interested party, may authorize the cancellation of accounting entries and their replacement by the appropriate entries, as well as the provision of new entries with accounting entry to the year corresponding to the date on which the movement, operation or process that is the subject of the entry was carried out.