Keeping separate accounting records

A shipping agent may have for the shipping company, for which he carries out shipping agency services, a special transaction account for the payment of the cost of the shipping company and receiving the payments for the shipping company services.

If these operations are carried out with several shipping companies at the same time, he may have a special transaction account for each of them.

In case that the shipping agent does not have a special transaction account for each shipping company, he must keep separate accounting records for each shipping company.

Supporting evidence

Keeping separate accounting records

Legal basis

Last updated: 01. 04. 2016