Cabinet of Ministers Regulations No 188 in Riga, 20 March 2007 (pr. No. 19) order in which individual entrepreneurs, individual companies, farmers and fishermen holding other natural persons carrying out economic activity, a sort of simple accounting system records Issued in accordance with the law "on accounting" in the second subparagraph of article 9, paragraph 1 of the i. General questions 1. determines the order in which the sole proprietor, sole proprietorship, and fishermen holding that turnover (revenue) from transactions in the financial statements of the past šēj (tax) year does not exceed 200000 dollars and other natural person pursuing an economic activity (hereinafter person), sort of accounting, if it chooses a simple entry system. 2. the Person shall keep the accounting in a simple entry in the system in accordance with these rules, in the light of the Cabinet of Ministers of 21 October 2003, Regulation No 579 "rules on accounting and organisation" and the Cabinet of Ministers of 21 October 2003 Regulation No 584 "cash accounting" operations. 3. move the accounting records in the system, the simple accounting records reflect the operating cash flow, its sources and uses of the formation and economic activity and used in economic activity for the state changes to fixed tax calculation needed šamo data, as well as property and current control. II. Operating income and expenditure accounts 4. operating income and profit-related expenditure is recorded (the record), operating income and expense tracking log (-log) (annex). You can sort the journal paper or electronically to the registry. 5. prepare the journal entries are made by it, and to contain the information stored in the law "on accounting" accounting records provided for storage. 6. If the journal in paper form, register the journal page number from reporting (tax) year ascending, cauraukl, on the last page, indicates the number of pages and attested by the signature and the stamp of the person, if any. 7. If the magazine electronic card, ensure its output. Reporting (tax) at the end of the year or, if necessary, before printing the paper in the form of a brooch on the register in chronological order. 8. Log on the following requirements: 8.1 for each report (tax) year plant the new journal. Reporting (tax) year specified in the journal, cash balance on hand and non-cash balance accounts of credit institutions (banks) will be equal to the previously reviewed in šēj (taxation) estimated at the end of the year and the cash journal and the non-cash balance;
8.2. the entries for each month in which there have been income or expenditure (month), make the new journal page. At the end of the month, calculate the cash balance in the cash balance and non-credit institutions (bank) accounts. At the beginning of the month in the specified log cash balance on hand and non-cash balance accounts of credit institutions (banks) will be equal to the previous month end computed and log the specified non-cash and cash balance;
8.3. the end of the month in each column of the revenue and expenditure calculation and log indicates the amount of turnover per month from the beginning of the year;
5.2. entries in the journal shall be based on supporting documents. If there is no other source document on the amounts received by credit institutions (bank) accounts or from those issued in the journal for recording the amount a person may use this account statements;
8.5. log can also be used in the statement of revenue and expenditure of the order registration. 9. the cash balance on hand and non-cash balance accounts of credit institutions (banks), as well as received and the amount of money that specify a journal, is separate from the personal needs spending amounts of money. If a credit institution (bank) account is used not only for economic transactions, settlement of indicating any log in to that account and received from it a sum of money granted. The amount of money gained from outside economic and used for personal use, if they are separate from the business acquired and suggested amounts of money, not the journal entry. 10. Log indicates only those outside the Syme economic revenues the activity in which a person invests in economic activity (hereinafter-the personal contribution of kie). 11. the journal indicates only those with operating income generating nesais of wound incurred expenses, to a person other than the features of business revenue, so they used personal needs (hereinafter the personal consumption of the removed features). 12. the revenue and expenditure in the Journal Register (record) in chronological order. Non-cash revenue received and expenditure made in the journal entry by credit institutions (banks) of the receipt of the account statement, subject to the requirements for the registration of transactions accounting records if the revenue and expenditure is not recorded in the log before the receipt of the statement. 13. the journal of income and expenditure indicated in lats and Sant Ms. 14. Revenues and expenses in foreign currency recalculated in the journal indicates LCY and Sant Ms according to the Bank of Latvia, the foreign exchange rate of the receipt of the revenue or expenditure. 15. If the box or credit institution (bank) account is the money in foreign currency, the conversion in lats and Sant MS Review (taxation) at the end of the year, according to the Bank of Latvia, the foreign exchange rate at the end of the year (course record). If needed, the money in foreign currency, you can recalculate the lats and also Sant Ms at the end of the month, according to the Bank of Latvia, the foreign exchange rate at the end of the month concerned (course record). After the foreign currency balance conversion assessment increase obtained in LCY journal record revenue, but a reduction of the assessment in the journal entry, in LCY. 16. the log in box 13 and 14 indicate that the revenue of the law "on personal income tax" as defined in the business income, but 19, 20 and 21. box the costs that this law defines as operating expenses. 17. a Person engaged in agricultural production (rural tourism), in the distinguished Journal of agricultural production (rural tourism) income and expenditure to be able to calculate income from agricultural production. 18. A Person who is not engaged in agricultural production (rural tourism), the journal 13. aisle and aisle 19 can be used to separate other (different) type of business revenues and expenses. 19. If the journal sorts electronically, log columns that are not used for recording, of economic transactions can not. Such a journal may be supplemented with new aisles to record another person the additional information required. 20. the journal box filled in as follows: 20.1 in box 1 "number of Records" is done in the journal entry number from the beginning of the year;
20.2. the column "record date" indicates the journal entry date;
20.3. the column "document name, number and date" indicates the source document name, number and date, on the basis of which the entry shall be made in the journal;
20.4.4. "the author of the document, the counterparty (an individual's first name, last name or legal name of the person)": source document received 20.4.1. author (preparers) name (natural persons) or the name (legal entities), if the justification of document prepared by another person;
20.4.2. counterparty or (if there is no counterparty) the person's own name (natural persons) or the name (legal entities), if justification document prepared by the party itself;
20.5. the column "description of the financial transaction" indicates the source document for the information of the economic transactions of a brief description;
20.6.6. column "analytical accounting registers no or name" specifies the analytical accounting records (if any) number or name that is also recorded the source document;
20.7.7. ' Which, Ls, received "indicates that the amount of cash received;
12.9. in box 8 "Which, Ls, served" indicates from which the issued cash amount;
20.9.9. ' credit accounts, Ls, received "indicates the credit institutions (bank) accounts the amounts received (non-cash amounts transferred and amounts paid in cash);
20.10.10. box "accounts of credit institutions, Ls, served" indicates from credit institutions (bank) accounts granted a sum of money (a non-cash transfer amounts and cash amounts withdrawn);
20.11.12. column "other means of payment, the EUR, received" indicates revenue that is derived not money, but other things or services (for example, Exchange, clearing transactions);
20.12.12. column "other means of payment, Ls, served" indicates the expenditure committed not in cash, but in other cases or service (for example, Exchange, clearing transactions);

20.13.13. the column "income from agricultural production" indicates income from sales of agricultural products and tourist services, not including amounts received as State aid to agriculture or the European Union's support for agriculture and rural development, as well as received the refund of value added tax and excise duty paid;
14.20.14. the column "income from other economic activities to the sa" indicates income from other economic activities (except agricultural production);
15.20.15. the column "non-taxable subsidies" indicates the amounts received as State aid to agriculture or support from the European Union about the futility and field development and are exempt from personal income tax;
20.16.16. ' other non-taxable income "refers to the rest of the personal income tax is not taxable income (for example, income from the savings deposit, assistance in cases of natural disasters or other exceptional cases where it was provided, based on the State or local authorities of the decision);
17.20.17. the column "income that is not attributable to income tax calculation for" the person borrowing the amount received, the person returned to the loan amounts, personal investments and other income that is not attributable to individual income tax calculation. Of value added tax-taxable person in this column indicate the calculated, as well as from the State budget paid back the amount of value added tax;
18.20.18. the column "income, EUR, total (box 13-17)" indicates the total amount of revenue (box 13 + 14 + 15. box box box + 16 + 17. box);
20.19.19. ' expenditure related to agricultural production "expenses, which fully apply to agricultural production and rural tourism services, including the costs incurred in this period, grazing, harvesting, installation of stones, dziļaršan, the holding of regional planning. This box also indicates other expenses that affect agricultural production in several years (for example, paid rent for several years). This column indicates the State compulsory social insurance contributions paid by the person itself as a self-employed person, if it deals only with agricultural production;
20.20.20. column "expenditure related to other types of economic activities" indicate the expenses associated with revenue from other economic activities. This column indicates the State social insurance compulsory contribution to the knowledge that the person paid for themselves as self-employed persons, if not engaged in agricultural production. This box also seized assets (if the value of the seizures reported revenues) net book value;
20.21.21. the column "in proportion to the expenditure being divided" indicates the costs be distributed between agricultural production and other economic activities, the application of the proportion. If a person engaged in agricultural production and other economic activities, and it is not known exactly what the total expenditure relating to agricultural production and what-to other types of economic activities, it shall be determined in proportion to the revenue referred to in other sectors (in the box at the end of the year the accumulated amount of expenditure allocated between agricultural production and other economic expenses in proportion to the revenue);
20.22.22. the column "With economic activity related costs" indicates the costs according to the law "on personal income tax" is not treated as such expenses that are directly connected with economic activity (for example, personal consumption of the removed features, donations and gifts to other persons, guarantee that person as guarantor shall be paid in accordance with the contract of guarantee). This box also indicate the expenses directly related to the acquisition of fixed assets or;
20.23.23. under "expenses not attributable to income tax calculation for" indicates costs associated with business activities used intangible investment and acquisition of fixed assets (expenditure, which include purchased fixed assets or intangible investment initial value) and in economic activity in the fixed assets used (expenses covered by the same person created the original value of fixed assets), the advance payments that do not apply to reporting (tax) revenue for the year, the amounts of loans the amount of the loan, given away, paid the penalty and absence of money for economic activity population paid income tax and its advances and other expenses that are not related to individual income tax calculation. Of value added tax-taxable person in this box the value added input tax amount and paid to the State budget in the amount of value added tax;
20.24.24. under "expenses, EUR, total (box 19-23)" indicates total (box 19 + 20 + 21. aisle + box + 22 box 23). II. Fixed assets and intangible investments and depreciation accounting 21. In economic activity in the fixed assets to be used (if any) and intangible assets (if any) and the depreciation in the accounts person in these terms, the law "on personal income tax" and the Cabinet of Ministers of 4 July 2006, Regulation No 561 "law" on corporate income tax "rules" and it fills in the relevant depreciation forms. 22. the assets considered as real property units (such as land, buildings, building, permanent plantations) and real property units, which use the valid time is longer than a year, and the initial value is greater than 100 lats (such as plant or its equipment, technique, machine or equipment, vehicle, computer, copier). 23. On intangible investments considered to pay for the intangible (e.g., patent, license), which is a valid life is longer than one year. 24. Purchased fixed assets or intangible investment initial value include: 24.1. purchase price;
24.2. other direct expenditure;

24.3. the received loan interest paid for the period up to the commencement of the life of the object (further-commissioning). 25. Other purchased direct expenditure for the asset is an asset, such as delivery charges to its use, the asset preparation intended use, as well as customs duties paid. 26. the same Person created the original value of fixed assets include costs directly related to the creation of fixed assets (construction or building) and the commissioning training (such as material costs, wages and social security payments, the establishment of fixed asset depreciation of fixed assets used in, pay for services received). The original value also includes the interest up to commissioning of the fixed asset for the fixed asset for creating paid received loans. 27. If a fixed asset acquired in the order laid down in the restoration, the original value shall be determined in accordance with the Cabinet of Ministers on 26 September 2006, the provisions of the law "793" on personal income tax "for the application of the rules". 28. If a person's economic activities as asset investing (from use) of personal property purchased or created before the commencement of business, giving the property to the acquisition or creation of expenditure amount to its acquisition or creation time received in the source documents, such as the original value of fixed assets is considered the residual value of that property on the date when the asset is invested (by) economic activity. The residual value is calculated in accordance with the law "on enterprise income tax" article 13. 29. If the economic activity is not used for fixed asset acquisition, the document or documents justifying the same person created the original value of the asset or the asset value has not been determined in accordance with paragraph 27 of these rules, as well as if a fixed asset obtained donation, gift or inheritance, it may list only in kind (free evaluation in monetary terms). 30. If the person incurred expenses related to commercial activity of used fixed asset (also if it counts only kind) made improvements to its restoration, or reconstruction, which significantly increases the production potential of this asset or extend life, such expenditure is recorded and amortized in the same order that's defined in the appropriate fixed asset in accordance with the law "on enterprise income tax" article 13. IV. the stock records 31. considers stocks of raw materials, materials, unfinished products and preparations, the products and the finished products, goods for sale, working animals and food-producing animals. 32. the purchased inventory are valued at acquisition value (purchase price). Own the inventory estimates the cost of production or below the price in the market. 33. The inventory of a person can be analytical accounting equipment (hereinafter referred to as the inventory register), freely choosing the type of registry (for example, magazine, card) and sort it (by making entries in the register or paper sorting them electronically). 34. If the inventory register of equipment inventory, purchased at about each item unit specifies the following information: 34.1. record the serial number;
21.3. the record date;
21.3. justification document name, number and date;
21.4. the author of the source document or the counterparty (an individual's first name, last name or legal name of the person);
34.5. the inventory unit name;
21.5. the quantity and value at the beginning of the month (a balance at the beginning of the month is equal to the remaining balance at the end of the previous month);
21.6. month received the quantity and value of inventory;
21.6. spent the month inventory quantity and value;
21.7. the inventory quantity and value at the end of the month;
34.10. marks for items purchased pay per month or for items not yet paid to the vendor (from the paid purchased the balance of the item values at the beginning and end of the month);
34.11. other information (by personal choice). 35. If the inventory register of own-produced equipment inventory, it indicates the same information as for the purchased inventory, with the exception of information about a month (produced) received and spent the own value as well as the value of this inventory at the end of the month. The inventory of the own value is calculated and entered in the log at the end of the year. V. other accounting records 36. Person according to the operating characteristics of the apparatus can also be other accounting records, choosing freely register type (such as a magazine, card) and sort it (by making entries in the register of the paper or electronically sort). For example, the analytical accounting records of accounts receivable (if any) accounting (receivables accounting records), accounts payable (if any) accounting (accounts payable accounting records), employee taxes paid or contract. 37. Concerning receivables considered personal claims from other persons-customer (for example, customers, recipients, beneficiaries of loans to tenants)-for outstanding or loaned money or other things, as well as the State budget or local budgets pārmaksāto taxes and fees. 38. the vendor shall be considered as personal debt obligations to other persons-creditors (such as banks, suppliers, service providers, employees)-for outstanding or loaned money or other things, as well as the debt to the State budget or local budgets on tax and duty. 39. The Person chosen to sort the register of the account receivable and accounts payable accounting register, respectively for each customer or vendor debt indicates the following: 39.1. the record sequence number;
24.4. the record date;
39.3. justification document name, number and date;
24.5. the author of the source document or the counterparty (an individual's first name, last name or legal name of the person);
24.5. economic deals;
24.6. payment of the balance of the amount at the beginning of the month (the amount of the balance at the beginning of the month is equal to the sum of the balance at the end of the previous month);
24.7. month paid debt amount;
24.7. month established debt amount;
24.8. payment of the balance of the amount at the end of the month;
39.10. other information (by personal choice). Vi. Closing questions 40. Person to this provision to the date of entry into force of sorts steps the thighs saimn revenue and expenditure accounting log, in accordance with the Cabinet on July 31, 2001, Regulation No 338 of "order, the revenue and expenditure accounts income tax calculation purposes" of the annex, may continue to sort the journal report 2007 (taxation) the end of the year. 41. Persons who up to this date of entry into force of the provisions of the original value of fixed assets considered the market value of the fixed asset in the day it was released, continues to list the asset on the acquisition value and calculate its depreciation by applying the Cabinet on July 4, 2006, Regulation No 556 "rule" on corporate income tax "application rules", and they filled the depreciation form. Prime Minister a. Halloween Finance Minister O. Spurdziņš attachment of the Cabinet of Ministers of 20 March 2007, regulations No 188 Finance Minister o. Spurdziņš