MemoX: Statement 394 may increase the internal accounting costs by over 10%

The Form 394, which entered into force on 1 July and presented as a simplified reporting fiscal, increased by more than 10 % of the companies accounting expenses.

This happens either as choose automated reporting developed internally or opt for new employees to process the data manually, appreciates MemoX experts, one of the most used commercial software in Romania  that centralizes information and automatically reported to the IRS.

For more information, please see the Romanian version of the article, here.