Business accounting and reporting in Bali

When should order be created?

As soon as a company, agreement, payment, deposit, expense or person acting on its behalf appears. Official DGT material describes bookkeeping for corporate taxpayers and stresses the connection between records, actual activity and supporting documents.

Short answer

Create one document register, separate personal and company money, record the purpose of every receipt and expense, reconcile monthly against bank and agreement records, and take gaps to a professional before reporting. DGT maintains a current annual-reporting route through Coretax, but actual obligations and timing are checked against the company’s real situation.

One register rather than ten chats

Choose one place for the chronology: date, counterparty, agreement, purpose, amount, currency, payment evidence and link to the supporting record. You do not need a complex system at first. What matters is that an entry can be followed from a bank movement to a document and back. That makes the accountant conversation fast and avoids rebuilding a year from memory.

Record reality, not the convenient version

DGT describes bookkeeping as reflecting actual activity. In practice, that means not combining a deposit, refund, client money and revenue into one income figure; not hiding personal spending in company accounts; and not leaving a payment without purpose. If a movement’s meaning is unclear, mark it as unresolved and set a date for review.

Close each month while it is still remembered

Once a month reconcile bank movements, issued and received records, obligations to counterparties, cash where relevant and the list of unconfirmed operations. The aim is not to draw perfect reports but to find a difference immediately. The earlier a documentary gap is seen, the easier it is to explain or correct before filing.

Keep the basis, not only the result

Official DGT rules refer to retaining books, records and supporting documents in Indonesia for ten years. Do not treat that as a reason to store everything without structure. Create a link: entry, document, payment and responsible person. A professional accountant or tax adviser confirms the actual system, permitted format, language, currency and timing for the company.

Decision steps

1. Create one register

   For every receipt and expense record date, party, purpose, amount, currency, document and payment evidence.

2. Separate the money

   Mark personal, company, client and deposit movements separately without rewriting meaning later without explanation.

3. Reconcile the month

   Compare the register with bank, agreements, invoices and supporting records; retain a list of differences.

4. Take questions to a professional

   Before reporting, show a professional the register, records and differences list to confirm obligations and required action under current law.

What to check

Sources

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