What an Accountant Should Check in October
October is a suitable time to reconcile tax liabilities, the status of tax returns, and settlements with the state budget. A single list of returns and payments for all taxpayers cannot be compiled: obligations depend on the legal form, tax regime, availability of employees, property, and structural subdivisions.
The accountant should determine the applicable tax return forms based on the taxpayer’s profile, check the tax calendar, and compare it with the accounting data. Particular attention should be paid to notices from the tax authorities, previously submitted forms, and obligations whose deadlines fall after the end of October.
Do not rely solely on last year’s list. New rules for working with tax returns apply in 2026: if a mandatory form is not submitted on time, the tax authorities’ information system may automatically generate a zero return. This applies provided that the relevant form is specified in the taxpayer’s dossier.
Returns and Error Correction
Before submitting the next form, it is advisable to conduct an internal review:
- reconcile accounting and tax accounting turnover;
- check the IINs and BINs of employees, counterparties, and subdivisions;
- ensure that the taxpayer’s profile contains an up-to-date list of forms;
- check the statuses of previously submitted documents;
- review notices and messages from the tax authorities;
- retain confirmation that the return has been accepted.
In 2026, previously submitted information may be corrected using a supplementary tax return or a return submitted in response to a notice. If the system has already generated a zero return for the missed period, a regular form cannot be submitted for the same period, except in the prescribed cases.
One such case is the timely submission of a return on paper. If the document receives the status “Document accepted,” the automatically generated zero return will be cancelled. Therefore, postponing verification of the form’s status until the last day is risky.
Legal entities with structural subdivisions should also check the allocation of responsibilities. A taxpayer may recognize a subdivision as an independent payer of taxes and payments to the state budget, except for corporate income tax and VAT. This requires an electronic notification to the tax authority and the specification of the relevant forms in the taxpayer’s profile.
Mandatory Payments and Property Tax
In October, it is important not only to complete current tasks but also to prepare for upcoming payments. For property tax payers, the next established deadline is the current payment due no later than November 25.
The appendix to the calculation of current payments under Form 701.01 is completed for properties located in towns of district significance, villages, settlements, and rural districts. The data are reported by the relevant territories, with one line showing aggregate values for the properties in each territory.
When preparing the calculation, it is necessary to check:
- the payer’s IIN or BIN;
- the reporting tax period;
- the BIN of the administrative office of the relevant akim;
- the composition of taxable properties;
- the amount of the current payment;
- the transfer of the calculated amount to the calculation of current payments.
The specific composition of the other mandatory payments for October should be determined based on the organization’s status and actual transactions. Without such a review, a universal calendar cannot be safely applied to all companies and individual entrepreneurs.
Practical Workflow
First, prepare an individual list of obligations based on the accounting policy and the taxpayer’s profile. Then reconcile accruals, payments, and accepted forms. After that, check the official tax calendar and notices in the tax authorities’ information system.
In 1C, it is advisable to ensure in advance that the necessary updates have been installed. A brief description of the changes is displayed automatically in the program after an update and is available under “Administration” → “Online Support and Services”. System news can be accessed through “Online User Support” → “News”.
Before transferring funds, recheck the payment details, purpose of payment, and whether the amount matches the accounting data. After submitting returns and making payments, retain the supporting documents and check their final status.
Frequently Asked Questions
Is there a single list of October returns for all taxpayers? — No. The set of forms depends on the tax regime, transactions, employees, property, and other characteristics of the taxpayer.
What happens if a form specified in the profile is not submitted on time? — The tax authorities’ system may automatically generate a zero return for the relevant period.
Can an already submitted return be corrected? — Yes, corrections are made through a supplementary tax return or a return submitted in response to a notice.
What is the nearest specified deadline for the current property tax payment? — Form 701.01 provides for payment no later than November 25.
Where can messages about changes be viewed in 1C? — Update descriptions are available under “Administration” → “Online Support and Services,” while news is available under “Online User Support” → “News.”