This book guides you step by step through current account bookkeeping - starting from daily tasks to preparing the annual financial statements, and extending to receivables and liquidity management. You will learn about the key figures and evaluations in open-item accounting and their significance for a good rating or even for avoiding insolvency. This way, you can avoid mistakes, comply with all regulations, and prevent financial losses. Contents: Effectively plan and organize current account bookkeeping, new taxonomy in the electronic balance sheet, establish internal control systems and efficiently prepare the annual financial statements, key figures and evaluations of open-item accounting, support in setting up liquidity and receivables management, new storage obligations and deadlines, new standards for the internal control system.