Accounting from Scratch for Entrepreneurs

Accounting from scratch for entrepreneurs: from registration to paying taxes

Planning to start your own business but unsure about accounting and taxes? Or already working as a sole proprietor and want to get your paperwork in order and avoid mistakes?

The “Accounting from Scratch for Entrepreneurs” course helps you run your business with confidence from day one. In simple, clear language, we cover accounting and taxation for sole proprietors in the Russian Federation — from registration to filing your tax return.

The program consists of three thematic blocks.

Block 1. Registering as a sole proprietor and choosing a tax regime

• Registering as a sole proprietor: procedure and documents.
• Liability of an individual registered as a sole proprietor: legal aspects.
• The general tax regime and special tax regimes: the simplified tax system (STS), the patent tax system, and the professional income tax.
• Conditions and restrictions for applying the STS: when the simplified system cannot be used.
• Comparing regimes and choosing the right one for your business.

Block 2. Accounting for a sole proprietor’s business

A practical guide to organizing accounting for cash, settlements and assets:

• Cash accounting: cash transactions and the bank account.
• Settlements with customers: controlling accounts receivable.
• Settlements with accountable persons: issuing and returning advances.
• Settlements with suppliers and contractors: managing accounts payable.
• Inventory accounting: goods, materials, finished products.
• Accounting for fixed assets used in the business.
• Accounting for taxes and social insurance contributions.
• Accounting for income and expenses, determining the financial result.

Period-end closing — step-by-step examples in 1C:Accounting.

Block 3. Taxes and reporting for sole proprietors

Obligations to the budget:

• Taxes and social insurance contributions on payments to employees.
• A sole proprietor’s own taxes and contributions under different tax regimes.
• The STS tax return: completing it, filing deadlines and tax payment deadlines.
• The single tax account and the single tax payment.
• A sole proprietor’s accounting registers: the income and expense ledger and other mandatory documents.
• Legal ways to reduce the tax burden: deductions and incentives.
• Tax risks: common mistakes and how to avoid penalties.
• VAT for sole proprietors: when the obligation arises and how to meet it.
• Cash method and accrual method: principles for recognizing income and expenses and their effect on the tax base.

Who this course is for

• Those who are just planning to register as a sole proprietor.
• Established entrepreneurs who want to systematize their knowledge of accounting and taxes.
• Anyone who wants to keep their own business accounts and understand tax processes.

After the course, you will be able to

• register as a sole proprietor on your own and choose the right tax regime;
• keep basic accounts for your business;
• correctly calculate and pay taxes and social insurance contributions;
• complete and file tax returns;
• avoid common mistakes and tax risks;
• manage your business finances with confidence.

Format and fee

Online training, 6 months of access to session recordings, consultations after the course.

Fee: 15,000 ₽.

See start dates in the schedule; you can ask a question via Contacts.