A few days ago ONTIER Peru Tax Lawyer Fiorella Samhan released an article at El Peruano highlighting the importance of a correct tax closure, which is key for avoiding potential problems affecting business development.
Samhan noted that a few essential steps are taking stock, performing a cash audit to verify any advances, deliveries and to go over the expenses and earnings registered throughout the year.
In regards to accounting, Samhan notes that it's important to issue the account books related to tax in the specified deadline, providing the required information before filing the anual affidavit of tax fees. 'This should be performed with the assistance of an accountant and a qualified legal representative' she noted.
Fiorella Samhan also suggested coordinating the liquidation of advances to vendors with the accounting specialists and verifying the monthly liquidations of the General Sales Fee, the treatment of tax credit and adjusting the figures in foreign remainders.
You can check out the full article here (SP only).