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Manufacturer's Inventory Accounting: obligations

Find out about the main accounting obligations you have as a manufacturer in relation to this tax.

If you are a manufacturer of products subject to the tax, for this activity you are obliged to keep inventory accounting as follows:

  1. You must keep records of the stock in the establishment where you carry out your activity.
  2. If you carry out the activity in several establishments, you must keep inventory records for each establishment without centralized management being possible.
  3. In inventory accounting you should not include the raw materials necessary to obtain the products subject to the tax.
  4. In your inventory accounting, you must include the stock of manufactured products that you have stored as of January 1, 2023.
  5. In the accounting of stocks corresponding to each settlement period, you must record the initial stocks corresponding to that period.
  6. This obligation must be fulfilled through the electronic headquarters of the State Tax Administration Agency within the month following the settlement period to which it refers, with August being a non-working month.
  7. You will be able to provide the accounting entries corresponding to the settlement periods of the first half of 2023 within the month of July 2023.