Mandatory Accounting Records in Algeria

Every Algerian company must maintain accounting records as required by the SCF (Système Comptable Financier) established by Law 07-11 of November 25, 2007.

The 11 Required Books

  1. General Journal — Chronological record of all transactions
  2. General Ledger — Entries grouped by account
  3. Inventory Book — Annual balance sheet and income statement
  4. Trial Balance — Status of each account (debit/credit/balance)
  5. Commercial Register (RC) — CNRC registration document
  6. Minutes Register — General assembly meeting records
  7. Staff Register — Employee list with hire/termination dates
  8. Payroll Book — Monthly salary summary (payroll journal)
  9. Purchase Register — Numbered purchase invoices
  10. Sales Register — Sequentially numbered sales invoices
  11. Fixed Assets Register — Depreciation schedule

Retention Period

All books and accounting records must be kept for a minimum of 10 years (Art. 12 of the Commercial Code). Tax authorities can audit up to 4 years back.