BAB 2. PEMBUKUAN DAN PENCATATAN – PEMERIKSAAN PAJAK - FATIMAH ALIYSYA ALAYDRUS

Summary

In this video, Sasya discusses the significance of bookkeeping and record-keeping in tax audits, focusing on their role in ensuring tax compliance under Indonesian law. The video explains the legal requirements for businesses and individuals to maintain accurate financial records, the differences between accrual and cash-based methods of bookkeeping, and the penalties for failing to comply. It also covers the rules for document retention and highlights the potential risks, including severe penalties and imprisonment, for not adhering to tax regulations. The video aims to make understanding tax bookkeeping easier and emphasize its importance for avoiding legal issues.

Takeaways

• 😀 Tax bookkeeping and recording are essential in tax audits, as they determine the accuracy of financial reports and the tax owed.
• 😀 Bookkeeping is the systematic recording of financial data, including assets, liabilities, income, expenses, and transactions. The outcome is financial reports like balance sheets and income statements.
• 😀 Recording refers to the data of gross receipts and income used to calculate taxable income, which can vary based on the type of income or business activity.
• 😀 Bookkeeping and recording are mandated by Law No. 28 and Law No. 1 of the General Taxation Code (KUP) in Indonesia for businesses and individuals.
• 😀 Bookkeeping is required for individuals running businesses or freelancing, and corporate taxpayers, while recording applies to individuals allowed to use net income calculation norms.
• 😀 All bookkeeping and recording must be done in good faith and should reflect the true condition of the business.
• 😀 The official language and currency for bookkeeping and recording in Indonesia are Indonesian and Rupiah, with exceptions for certain industries with special approvals.
• 😀 There are two types of bookkeeping methods: accrual, where income is recognized when earned, and cash basis, where income is recognized when received.
• 😀 Changing bookkeeping methods or fiscal years requires approval from the Director General of Taxes with valid reasons.
• 😀 The retention of books, records, and documents is mandatory for 10 years for tax purposes in Indonesia, ensuring organized and accurate taxation.
• 😀 Failure to comply with bookkeeping and recording rules may result in administrative penalties, including increased tax liabilities, or criminal sanctions such as imprisonment and fines.

Q & A

Why is bookkeeping and recording important in a tax audit?

Bookkeeping and recording are crucial because the financial reports or gross turnover recaps produced from these processes serve as the main object of the tax audit. Proper documentation ensures transparency and helps in accurate tax assessment.

What is the difference between bookkeeping and recording in the context of tax audits?

Bookkeeping is the systematic process of recording financial data, including assets, liabilities, income, and expenses, which results in financial statements like balance sheets and income statements. Recording, on the other hand, refers specifically to tracking gross income or turnover, which is used for tax calculations, including taxable and non-taxable income.

Which tax laws regulate bookkeeping and recording?

The regulations for bookkeeping and recording are outlined in Article 28 and Article 1 of the General Taxation Provisions Law (Undang-Undang KUP). These laws set the framework for tax reporting and compliance.

Who is required to perform bookkeeping and recording?

Individuals running a business or freelance profession, as well as corporate entities, are required to perform bookkeeping. For recording, individuals who are eligible to use a simplified method for calculating net income and those without a business or freelance profession must keep records.

What is the required language and currency for bookkeeping in Indonesia?

Bookkeeping and recording must be done in Indonesian using the Latin alphabet, Arabic numerals, and the Rupiah currency. Foreign languages or currencies can only be used with the approval of the Ministry of Finance.

How do bookkeeping methods differ in terms of accrual and cash basis?

The accrual basis method recognizes income when it is earned and expenses when they are incurred, regardless of cash payments. This method is often used in construction and certain businesses like real estate. The cash basis method records income when it is received and expenses when they are paid, which is suitable for small businesses like restaurants or transport services.

What are the consequences of changing bookkeeping methods or fiscal year?

Any changes to bookkeeping methods or the fiscal year must be approved by the Director General of Taxes. The request must be submitted before the fiscal year begins, with clear and logical reasons for the change.

What standards are followed for bookkeeping in Indonesia?

Bookkeeping must follow established accounting standards such as SAK ETAP or Sharia accounting standards, with necessary fiscal corrections for final income and non-taxable income. The goal is to produce accurate financial reports that align with tax obligations.

How long must books and records be kept in Indonesia for tax purposes?

Books and records must be kept for 10 years in Indonesia for tax purposes. This ensures proper documentation in case of tax audits or inquiries.

What are the penalties for not complying with bookkeeping and recording regulations?

Failure to comply with bookkeeping and recording regulations can lead to administrative penalties, including a tax increase of up to 100%. In severe cases, there may be criminal penalties such as imprisonment for up to 6 years and fines up to four times the amount of unpaid taxes.