{"id":4458,"date":"2026-04-20T08:46:34","date_gmt":"2026-04-20T08:46:34","guid":{"rendered":"https:\/\/www.brasser-accounting.de\/?post_type=glossar&#038;p=4458"},"modified":"2026-05-12T10:13:07","modified_gmt":"2026-05-12T10:13:07","slug":"external-financial-accounting","status":"publish","type":"glossar","link":"https:\/\/www.brasser-accounting.de\/en\/glossar\/externe-finanzbuchhaltung\/","title":{"rendered":"External accounting"},"content":{"rendered":"<nav class=\"toc\" aria-label=\"Table of Contents\">\n<h2>Table of Contents<\/h2>\n<ul>\n<li><a href=\"#einleitung\">Brief definition<\/a><\/li>\n<li><a href=\"#grundlagen\">Basics<\/a><\/li>\n<li><a href=\"#recht\">Legal framework<\/a><\/li>\n<li><a href=\"#einordnung\">Classification<\/a><\/li>\n<li><a href=\"#tools\">Areas of responsibility<\/a><\/li>\n<li><a href=\"#schritte\">Procedure<\/a><\/li>\n<li><a href=\"#praxis\">Practice<\/a><\/li>\n<li><a href=\"#fehler\">Sources of error<\/a><\/li>\n<li><a href=\"#faq\">FAQ<\/a><\/li>\n<li><a href=\"#fazit\">Conclusion<\/a><\/li>\n<\/ul>\n<\/nav>\n\n<section id=\"einleitung\">\n<div class=\"snippet info\">\n<p><strong>External accounting<\/strong> refers to the organisational outsourcing of ongoing <a href=\"\/en\/glossary\/financial-accounting\/\">Financial accounting<\/a> to an external service provider within the legally permissible scope.<\/p>\n<\/div>\n<\/section>\n\n<section id=\"grundlagen\">\n<h2>Basics<\/h2>\n<p>In external financial accounting, an external provider takes over tasks of ongoing bookkeeping, such as the recording of business transactions, <a href=\"\/en\/glossary\/accounting-entry\/\">Account assignment<\/a>, creation of <a href=\"\/en\/glossary\/booking-entry\/\">Booking entries<\/a> and account reconciliations.<\/p>\n<p>The responsibility for providing complete and accurate documentation remains with the company.<\/p>\n<\/section>\n\n<section id=\"recht\">\n<h2>Legal framework<\/h2>\n<p>The performance of ongoing bookkeeping work is regulated by law. External service providers may only perform activities within the permissible scope. Tax advice or legal representation is regulated separately.<\/p>\n<\/section>\n\n<section id=\"einordnung\">\n<h2>Systematic classification<\/h2>\n<ul>\n<li><a href=\"\/en\/glossary\/financial-accounting\/\">Financial accounting<\/a><\/li>\n<li><a href=\"\/en\/glossary\/accounting-services\/\">Accounting Services<\/a><\/li>\n<li><a href=\"\/en\/glossary\/buchhaltungsbuero\/\">Accounting firm<\/a><\/li>\n<li><a href=\"\/en\/glossary\/double-entry-bookkeeping\/\">Double-entry bookkeeping<\/a><\/li>\n<li><a href=\"\/en\/glossary\/jahresabschluss-vorbereiten\/\">Prepare year-end accounts<\/a><\/li>\n<\/ul>\n<p>External financial accounting is organisationally part of a company's external accounting.<\/p>\n<\/section>\n\n<section id=\"tools\">\n<h2>Typical areas of responsibility<\/h2>\n<ul>\n<li>Recording and booking of business transactions<\/li>\n<li>Reconciliation of debtor and creditor accounts<\/li>\n<li>Maintenance of ledgers<\/li>\n<li>Preparation of business evaluations<\/li>\n<li>Assistance with preparatory final works<\/li>\n<\/ul>\n<\/section>\n\n<section id=\"schritte\">\n<h2>Typical procedure<\/h2>\n<ol>\n<li>Provision of accounting records<\/li>\n<li>Recording and accounting<\/li>\n<li>System Entry<\/li>\n<li>Voting and plausibility check<\/li>\n<li>Provision of evaluations<\/li>\n<\/ol>\n<\/section>\n\n<section id=\"praxis\">\n<h2>Practical relevance<\/h2>\n<p>In practice, external financial accounting often takes place in close coordination between companies, service providers, and, if applicable, a tax advisor. Clear responsibilities and documented processes are organisationally essential.<\/p>\n<\/section>\n\n<section id=\"fehler\">\n<h2>Typical sources of error<\/h2>\n<div class=\"snippet warn\">\n<ul>\n<li>Incomplete documents<\/li>\n<li>Unclear definition of tasks and responsibilities<\/li>\n<li>Missing coordination processes<\/li>\n<\/ul>\n<\/div>\n<\/section>\n\n<section id=\"faq\">\n<h2>FAQ<\/h2>\n<div class=\"snippet info\">\n        <h3>Does the company remain liable?<\/h3>\n        <p>Yes. Even if performed externally, the company remains responsible for the regularity of its accounting.<\/p>\n      <\/div>\n<\/section>\n\n<section id=\"fazit\">\n<h2>Conclusion<\/h2>\n<p>External financial accounting is the organisational outsourcing of ongoing bookkeeping tasks to an external service provider. It must be clearly distinguished from tax advice and is structurally part of external accounting.<\/p>\n<\/section>\n\n<footer class=\"author\">\n        <strong>Author<\/strong>\n        <span>the BAS editorial team<\/span>\n        <span class=\"note\">Services pursuant to \u00a7 6 No. 3 and 4 StBerG, no tax or legal advice.<\/span>\n      <\/footer>\n\n<p class=\"disclaimer\">\nBrasser Accounting Solutions GmbH is a specialised accounting service provider and part of a corporate group with Quint GmbH (tax consultancy\/auditing) and Service Place \u00c5rj\u00e4ng AB (Swedish tax office). BAS exclusively performs services according to \u00a7 6 No. 3 and 4 StBerG and does not provide tax or legal advice.\n<\/p>","protected":false},"template":"","glossar-kategorien":[22],"class_list":["post-4458","glossar","type-glossar","status-publish","hentry","glossar-kategorien-markt-positionierung"],"_links":{"self":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar\/4458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/types\/glossar"}],"wp:attachment":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/media?parent=4458"}],"wp:term":[{"taxonomy":"glossar-kategorien","embeddable":true,"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar-kategorien?post=4458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}