What are the German GoBD?
GoBD stands for “Grundsätze zur ordnungsmäßigen Führung und Aufbewahrung von Büchern, Aufzeichnungen und Unterlagen in elektronischer Form sowie zum Datenzugriff” (“Basic principles on the proper keeping and storage of financial books, recordings and documents in electronic form as well as data access"). They define in Germany all the requirements that the tax authorities place on accounting and tax-relevant data, whether electronically or in paper form. The guidelines are also laid down here as to how the financial authorities may access electronic data for external audits. If you deal more closely with the topic of the GoBD, you not only know what demands the tax office makes on your accounting, but also what the inspector may or may not do during a tax inspection.
The GoBD have been in force since 1 January 2015. They replaced the previously valid German “Basic principles on data access and verifiability of digital documents” (GDPdU) and the German “Basic principles for proper IT-supported bookkeeping systems” (GoBS).