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Basic accounting documents in Russia

The accountancy department of a company will always request for the original version of a document, which requires a signature and blue round stamp; documents sent through e-mail or fax are not taken into consideration as official acts.
According to the accounting legislation, the invoice – called “Schyot”, which is issued for the payment of a certain service or product, is not registered in the accountancy documents; the reason is that this type of invoice is seen in Russia as an invitation of payment.
The “Schyot Faktura” is an official document, stating the value added tax that has to be deducted from the total value of the invoice. The document, alongside with the certificate for services provided or delivered products, is registered in the business accounting. Our company can provide you with more information on the basic accounting documents.