Free annual statement
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With ReAI, you get a free, complete tool for annual accounts that guides you through every step – from checking vouchers to submitting annual accounts and annual reports to Altinn, quickly and error-free.
Preparation of vouchers and reconciliation
- Document control: ReAI automatically scans and categorizes documents, detects missing documentation and alerts you to discrepancies.
- Bank reconciliation: The system matches bank transactions against posted entries and generates a reconciliation report.
- Stock and Inventory: Update inventory values based on opening balances and year-end closing entries.
Preparation of annual accounts
ReAI helps you generate:
- Income statement: Income, expenses and net profit are presented in the correct format.
- Balance sheet: Assets, equity and liabilities are recorded in accordance with Norwegian Accounting Standards (NRS).
- Cash flow statement: For companies that require this, using the direct or indirect method.
- Notes: Standard notes such as impairments, related parties, and tax expense are generated automatically.
Annual report and external reporting
For limited liability companies and larger enterprises, ReAI offers:
- Board of Directors' Annual Report: Draft based on key figures and events of the year.
- Shareholder register form: Completed and ready for submission.
- Submission to Altinn: One-click submission of annual accounts, annual report and A-melding(s) if applicable.
Statutory content and deadlines
The annual report must comply with the Norwegian Accounting Act and the Norwegian Accounting Act. ReAI ensures that you always include:
- The main documents of the annual accounts: balance sheet, income statement and notes.
- Annual report and board review.
- Audit report (if audit required).
- Submission deadline: normally 31 July for the financial year.
Audit trail and archiving
All documents, reports and submissions are stored securely with full audit trail, available to auditors or for future review.
Summary
ReAI provides Norwegian businesses with a free annual report with powerful AI automation. Save time, avoid manual errors and ensure correct and legal year-end closing – all the way from vouchers to submission.