The Book-Keeping of Inside-Community Transactions

Starting from the reason that since the first Janury 2007 in the frame of foreign/abroad trade are not included the commercial operations or economical participation operations or technical-science operations in relations with stataes members of European Union, in the work presented below I intended to approach the way to evidence the inside-community transactions book-keeping, taking into account the aquisitions and inside-community goods deliveries, illustrating the way the fiscality influences the book-keeping.transactions, acquisition, delivery, inside-community

Book Keeping of International Commercial Transactions

The entrance of our country in Europen Union determined modifications in the romanian fiscal system, this one must to adapt to community demands/wants. Taking into account the fact that commercial transactions made in community space are not included in the international transactions category, in the present work i have proposed to approach the manner to illustrate into accounting/book-keeping the international commercial operations, respectively the import and the export of goods, marking the fiscal issues which influence the book-keeping.International Commercial Transactions, community space, the international commercial operations

Fiscal and Book-Keeping Issues Regarding Financing Through Leasing System in European Context

The legislative modifications, both in accounting/book-keeping and fiscal manner, influenced the leasing which is known in our country as a modern financing technique for investments, beeing thus an alternative of economical entities financing. Starting from the rules imposed to nobanking financial institutions which evolve the credit activity through leasing, related to organization and their operation, in this work i will try to do a parallel between the topic registration accounting system and the system used before the 1 st january 2006, both to lodger and to owner, by studing the influence made on the balance sheet situations and the account of profit and loss, pointing also the taxing dificulties appeared same time with Romania adherence to European Union, related to profit taxation, value added tax, and the local duties, to the entities level which achieve leasing operations or acquire fixed assets in leasing conditions.leasing, profit taxation, value added tax, the local duties

Fiscal and Accounting Aspects Concerning Social Liabilities

Considering that both financial units and their employees contribute to establishing some funds of national importance for the social security, the purpose of this paper is to make a presentation of the contributions paid by employees and employers in 2007 and 2008, specifying the corresponding quotas and their evolution, as well as how they are pointed out in accounting.social liabilities, fiscal and accounting aspects

Price Categories Used in International Trade

In the current world economy conditions, development of any state can not be based solely on internal sources and the national economy results. Increased volume and diversification of cross-border transactions in goods and services, the dynamics of international capital flows, and the fast spread of technology, gives multiple values of foreign trade leading to growth of economic interlinks across the world countries. Through the foreign trade activity is carried out exchange of goods and services on the international market and ensure the participation of states in international economic cooperation. In today's global world economy, operation and coordinated sustainable development of economic systems involve, necessarily, to obtain the highest results and meeting/satisfy the needs of present without compromising the ability of national economies to satisfy their own requirements in the future more or less distant. A determining factor in business relationships and their success, regardless of export choosen manner and the type of contract used, is the price, contributing to the size of revenues from export, revenues that allow, among other things, make investments in infrastructure leading to raising living standards and social security. Starting from the importance of prices in achieving incomes related to international trade, in this article I will address the main categories of prices used in the export and import activity, also the models/patterns on the composition of the external price of export and import in terms of delivery conditions FOB, CIF and CAF.price, international trade, export, import, delivery condition, custom value

Economic Theories of Foreign Trade Transactions

The international experience/practice shows that inside foreign trade relations has sought to lay the ground to uniform rules and to base an orderly development of international trade, so that economic operators engaged in foreign trade can trade with each other in conditions of fair and unmarked competition. The extent and implications of international trade on other areas of social life has increased considerably over the last five centuries, and today's volume has grown as fast. Also, deepening and diversification of economic interlinkings of the world countries, especially after the Second World War were brought to the fore the issue of international economic relations, both for specialists and for the general public. These changes have reactivated the interest of specialists for theories about international trade and hence the history of theoretical controversies regarding this issue. Taking into account the fact that foreign trade transactions is a key factor in sustainable the economic development of national economies, a fact recognized both by classical economists as well as modern ones, but also demonstrated by the economic reality, in this article I addressed/approached the economic theories of international trade.Economic Theories, Foreign Trade Transactions

Considerations Regarding the Conditions for the Delivery of Goods in Foreign Trade

The evolution of contemporary society, characterized by increasing freedom of action, gives to entrepreneurs a wide field of functional integration in the foreign trade systems of European Union and international system. Regardless of size or scope of the entities in which they operate, the business development at the international level tends to become a condition of existence for companies, also the affairs strategy has to meet the requirements of globalization. In the frames of accounting rules in accordance with european directives and International Standards of Accounting, this trend brings into focus the need to rethink, in the appropriate terms, accounting concepts and models appropriate to foreign trade activities. Because the fact that on the organization and management accounting entities involved in international commercial transactions put their imprint the delivery of goods, influencing the recovery of financial accounting information in the processes of analysis, decision and control, in this paper/work I will address the content of delivery conditions INCONTERMS 2000, the passing of each issue in practice from terms of the various ways of delivery requiring costs that can not be neglected. Using the correct delivery conditions of INCOTERMS involve/implies from the part of contractual partners not only knowing the content of those rules, but their insertion in the contract with all the details necessary, they should also be correlated fairly with other rules or practices which affect the execution of internationally sale contract, such as: the regular transmission lines (Liner Terms) conditions, port usages, specific rules of professional conduct etc.Conditions for the Delivery of Goods, Foreign Trade

Economy Globalization and Internationalization of Business

In the conditions of contemporary world, the active participation in international division of labor is an essential component of the development process of each country. In this context the foreign trade, as a distinct branch of the national economy is an important factor of economic growth caused by the internationalization of business and determining for the process of globalization. Starting from the belief that international business development tends to become a condition of existence of firms, regardless of size or scope of activity, in this paper I will address the theoretical issues on globalization and internationalization of the economy and business correspondence between the internationalization stages and the forms of international transactions.Economy Globalization, Internationalization Of Business

Implications of Taxation on the Management of Intra-Community Commercial Transactions

The elimination of customs barriers between Romania and the Member States of the European Union has influenced the international commercial transactions, which as from 01 January 2007 cease to include the operations carried out within the Community. Starting from the meaning of the intra-Community acquisitions and deliveries, I shall try to point out the influence of the legal changes concerning the new fiscal regulations on the commercial transactions carried out within the European Union, the method of registration in accounting and the advantages and disadvantages of customs barriers elimination.the international commercial transactions, the intra-Community acquisitions, the intra-Community deliveries, customs barriers elimination

FISCAL FEATURES SPECIFIC TO INTRA-COMMUNITY TRANSACTIONS OF NEW MEANS OF TRANSPORTATION AND EXCISABLE PRODUCTS

With a view to our country's accession to the Community space, the Romanian legislation has undergone many changes, and we should point out among others those in the tax system, that primarily aims to ensure the functioning of the national economy in the globalization of the economic and social activities worldwide. Although at first sight the new procedures have a positive impact on the development of intra-Community commercial businesses, due to the elimination of customs formalities and hence of the fees paid to customs officials, however there are costs generated by the application of EU law, which should not be neglected. Considering the many situations that arise in carrying out intra-Community commercial transactions, that are aimed at the differentiated tax procedures from the value added tax perspective, we considered appropriate, to address below the tax features related to intra-Community acquisitions and supplies of new means of transport and excisable products, because these are two important categories of goods that generate differential tax treatments, so that after the tax analysis we should be able to draw some relevant conclusions