The obligation to run a warehouse in simplified accounting

Service Business

Not all entrepreneurs selling goods are required to keep records of warehouse management. How is it in the case of simplified accounting based on KPIR or Revenue Records? Are persons running simplified accounting required to run a warehouse?

The obligation to run a warehouse - for whom?

Keeping warehouse records results from the Accounting Act, which applies to enterprises keeping full commercial books, i.e. partnerships and capital companies (such as a joint-stock company and a limited liability company). On the other hand, people who keep accounting on the basis of the KPiR or the Revenue Register when taxed with a registered flat rate, are bound by the Regulation of the Minister of Finance on running PKPiR and the Act on flat-rate income tax on certain revenues earned by natural persons. Due to the fact that the provisions of the Accounting Act do not apply to this group of entrepreneurs, they are not required to run a warehouse.

Voluntary storage of warehouse records

Despite the lack of an obligation to keep a warehouse in simplified accounting, the entrepreneur may voluntarily keep records of warehouse management, where, with a high turnover of goods, it will significantly facilitate the management of goods and sales service.

If the entrepreneur decides to manage the warehouse voluntarily, it is worth implementing a proven warehouse program, which will shorten the time of warehouse service as much as possible and will improve the sales service and the flow of goods. One of such programs is a system for invoicing and conducting independent simplified accounting, which can be expanded with the Warehouse module.