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Changes in accounting and accounting transactions in Slovakia for 2019

19.3.2019
In 2018, ten of the most important laws affecting businesses changed 32 times in Slovakia, with some of the changes reaching to 2019 as well. Many of them are related to wages: minimum wage increase, increased minimum contributions paid by sole traders, a two-stage increase in compensation for night and weekend shifts during the year, […]

NetSuite – Welcome to the future of ERP solutions

18.2.2019
For 20 years, NetSuite has been changing enterprise processes. The world’s most successful cloud system provides ERP and financial management, ecommerce, customer care and service automation. Data is stored in a single, unified database, keeping all important information within arm’s reach. NETSUITE is a global as well as local solution NetSuite consolidates management and financial […]

Brexit – keeping track of the current mood and expectations of UK businesses

11.9.2018
For a year, our colleagues at RSM UK have monitored the development of Brexit and its impact on the business environment in the UK. Businesses have been preparing for this milestone for months and are, surprisingly, in a rather positive mood in this context. However, what worries them most is the uncertainty of the government’s […]

Changes in rules for taking and carrying forward holiday

27.8.2018
This issue of our newsletter brings more details about the planned changes relating to taking and carrying forward holiday. Current rules governing carrying forward unused leave from one calendar year to another allow employees to carry forward holiday that the employees were unable to take due to their incapacity to work, maternity or parental leave, […]

We lecture at the University of Economics in Prague (VŠE)

16.3.2018
For the second time in this semester, RSM CZ&SK advisers presented lectures at the largest and the most prestigious university of economics in the Czech Republic, VŠE. Our company was first well represented by RSM Technology who introduced the students to NetSuite’s Cloud ERP System. In the next stage of the semester, they were joined […]

New public register of beneficial owners

5.3.2018
With effect from 1 January 2018, legal entities and trusts have been subject to a new obligation to record beneficial ownership in the register of beneficial owners. The public register has been established by an amendment to Act No. 304/2014 Sb., on Public Registers of Legal Entities and Individuals and on the Register of Trusts […]

Using keyboard shortcuts in date fields

22.2.2018
In this video, we look at the ways in which keyboard shortcuts can be used to speed up data entry into date fields in NetSuite.

Preparing a family and its wealth for intergenerational transfer

20.2.2018
Interview: Michal Šubín, Jean François Cats More and more business families in Slovakia started discussing generational succession. They face a wide range of questions they seek to answer, discovering that they are learning on the fly, so they have less time for preparations than they would need. Representatives of RSM Consulting SK, Jean François Cats, […]

Why you should talk about property with your children at least once a year

18.1.2018
‘I am perhaps the only person in my family who keeps track of all family stakes’, half-jokingly said Réka Világi at a recent conference on family businesses organised by the TREND Weekly. This was in response to the topic of distributing wealth to descendants. In this context, the head of the family should know what […]

New developments in payroll-related matters in 2018

18.1.2018
Dear clients, We provide you with a brief overview of changes and new developments in payroll effective in 2018. Minimum wage increased The minimum monthly wage for full-time employment has been increased from the current CZK 11,000 to CZK 12,200 and the minimum hourly wage has been increased from CZK 66 to CZK 73.20. Maximum assessment basis […]