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Opening and closing accounting in SILICIE

Learn how to make the opening and closing communications of the accounting year and how to supply the opening entry.

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Opening seat

Once the opening of the accounting year has been reported, you must provide an opening entry reporting the initial inventory at the establishment on the start date of the accounting year.

You must provide an opening entry for each product in stock at your establishment on the start date of the fiscal year. For these purposes, remember that products must be identified according to the criteria defined in Article 3.2 of Order HAC 998/2019.

You can consult the information on how to identify products in SILICIE in the section Product identification

It will not be necessary to provide the opening entry in relation to the accounting for receiving deposits.

The opening entry must be submitted within the first month of the financial year.

However, establishment owners who can apply special extended deadlines for submitting their accounting entries may consider the opening entry to correspond to a transaction in the first month of the fiscal year and submit it within the deadline provided for entries for that month. This rule may be applied:

  • The owners of establishments authorized as wine producers and producers of other fermented beverages referred to in the First Additional Provision of Order HAC/998/2019.

  • The owners of establishments authorized as breweries referred to in the Second Additional Provision of Order HAC/998/2019.

  • The owners of establishments authorized as producers of intermediate products that do not obtain alcohol, as referred to in the Third Additional Provision of Order HAC/998/2019.

  • The owners of establishments authorized as bonded warehouses consisting of a gas pipeline network or as natural gas and other gaseous product extraction industries referred to in the Fifth Additional Provision of Order HAC/998/2019.

  • The owners of establishments authorized as producers of alcoholic beverages referred to in the Sixth Additional Provision of Order HAC/998/2019.