Transitional Accounts – Registrations and Transfer to myDATA Platform

• Transitional accounts need to be activated for the independence of use.
• The categories of activated transitional accounts include income and expenses of the next and previous years.
• The treatment of myDATA is done through specific entries and transfers.
• Entries for income and expenses of the next and previous years are made in the myDATA platform.
• The entries update the accounting base and the myDATA platform.
• A corrective entry may be required for the E3 form.
• Entries for income and expenses of the next year are made in the myDATA platform.
• The entries update the accounting base, myDATA platform, and E3 form.
• VAT is not updated with these entries.

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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