USING CLOUD ACCOUNTING SERVICES FOR ACCOUNTING AND TAX REPORTING
PDF (Українська)

Keywords

accounting
tax reporting
cloud services
automation
cloud accounting
digital technologies
platform
integration

How to Cite

Kudlaieva, N. (2025). USING CLOUD ACCOUNTING SERVICES FOR ACCOUNTING AND TAX REPORTING. Social Development: Economic and Legal Issues, (9). https://doi.org/10.70651/3083-6018/2025.9.21

Abstract

The article is devoted to the study of the use of cloud accounting services for accounting and tax reporting. It considers modern approaches to the digitalization of accounting, analyzes popular cloud services, assesses their advantages and risks, and offers recommendations for the effective implementation of such solutions at enterprises. Particular attention is paid to the analysis of the functional capabilities of cloud accounting services, assessing their impact on the accuracy and efficiency of accounting and tax reporting, as well as identifying the main advantages and risks of their implementation at enterprises. The purpose of the study is to assess the effectiveness and prospects of using cloud accounting services for accounting and tax reporting at enterprises, as well as to determine the optimal approaches to their implementation and integration into business processes. In the course of the scientific study, general scientific methods of cognition were used, in particular: analysis and synthesis to study the theoretical foundations of cloud accounting services; comparison to assess the functional capabilities of various services; generalization to formulate conclusions regarding the advantages and risks of their use; as well as observation and survey methods to study practical experiences of implementing cloud services in enterprises. The results of the study show that the use of cloud accounting services allows for an increase in the efficiency of accounting and the timeliness of tax reporting, reduces time spent on routine operations, and ensures greater accuracy and transparency of financial data. At the same time, the implementation of such services requires attention to information security, compliance with legislation and personnel training. The current state of digitalization of accounting and tax reporting at enterprises is considered. The trends in the digitalization of accounting are analyzed. The concept of cloud accounting services, their types, operating principles and technological features are studied. The legislative and regulatory requirements for accounting and tax reporting using cloud services are considered. The emphasis is on the practical use of cloud services in accounting, in particular, the organization of accounting in a cloud environment, maintaining primary documents and accounting records. Formation of tax reporting, process automation and integration with other systems. The advantages, risks and problems of implementing cloud accounting services are systematized. Recommendations have been developed for the effective use of cloud services to automate accounting and prepare tax reports. Prospects for the development of cloud accounting services have been identified.

https://doi.org/10.70651/3083-6018/2025.9.21
PDF (Українська)

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Copyright (c) 2025 Nataliia Kudlaieva