How do you calculate the equity in the existing balance sheet?
December 3, 2013 | 25,00 EUR | answered by Steuerberater Peter Jansen
Hello, I have a limited liability company (UG), my tax advisor has prepared my balance sheet, in which there is no information about the equity. How can I calculate the equity? She also refuses to give me a value, which I find strange.
Best regards,
Dear questioner,
In the context of an initial consultation and taking into account the regulations of this forum, I would like to answer your question.
The accounting/reporting of your UG is essentially carried out according to the same regulations as that of a GmbH. This means following the regulations of the Commercial Code, supplemented by the regulations of the GmbH Act.
§ 266 (3) HGB specifies the structure and thus the presentation in the balance sheet. The order and presentation must be adhered to by all capital companies. However, there are relief provisions for small and micro-capital companies. The designation "equity capital" is mandatory.
Equity capital is the sum of assets (assets) minus the sum of liabilities (debts). The presentation is made at the top of the liabilities side of the balance sheet. If the difference is negative, an active presentation is made ("Deficiency not covered by equity capital").
I cannot understand the approach of your tax advisor. To provide more precise information, it would be necessary to review the balance sheet copy available to you.
Please feel free to contact me regarding this matter.
Kind regards,
Peter Jansen
Peter Jansen
Tax consultant
Böblinger Str. 87, 70199 Stuttgart
Tel.: 0711 / 16036573
E-Mail: mail@steuerberater-jansen.com
