1) If the daily accounts are not handled well, especially the carry-over costs and expenses (depreciation), the profit is too low and the partners can't get the profit, you will be blamed. Carry forward according to the real situation, the account balance is getting bigger and bigger, and finally a false account is formed, which cannot be digested.
2) Tax is not allowed. If you carry it forward according to the book, once you encounter tax inspection, you will raise objections, transfer more costs or expenses, and ask for tax payment. Your partner will also call you stupid.
This attitude of the partner can only say that he doesn't understand finance. In fact, false assets are not good for enterprises at all. False assets cannot reflect the scale and reputation of the company, because the business license is registered capital, and assets can only be reflected in the accounting statements. You can't take accounting statements with you when you undertake business, you should show them to anyone.
What should I do?
If it is a new enterprise, it can be re-filed, depending on the actual situation. It is estimated that you recorded the inventory and fixed assets according to your own estimated cost, rather than the actual cost or historical cost of face value.
If it can't be re-recorded, and the partners don't agree to adjust the account, they can only explain their interests to shareholders in advance. In this way, even if there is a negative impact, the partners will not blame you.
There is also a way to evaluate assets. You can find any reason to convince partners, such as tax requirements. In this way, on the one hand, fairness and taxation are recognized; At the same time, let the partners know that this is a third-party evaluation, so as to avoid future complaints.