A foundation that enables the entrepreneur to predict future business events and the state of his assets, liabilities and capital, and on that basis plans the organization and orientation of his business. 

 In the business process, the entrepreneur encounters two basic types of planning that are intertwined in their starting and ending part. Thus, any entrepreneurial planning related to measuring the success of entrepreneurial activity is impossible without accounting and tax planning.

By planning it is possible to include the values ​​of receipts, income, expenses, expenses, money and cash equivalents, minimum stocks, working hours of production, etc. Based on the plans it is possible to create a planned balance sheet, profit and loss account or determine the expected "coverage point". Planned financial statements also result in planned tax liabilities on the achieved result.

 "Tax planning goals are usually to minimize the total tax liability or defer tax for future years."

For the mere implementation of tax planning objectives, entrepreneurs have access to accounting alternatives and tax breaks with a note "for tax planning to be effective, it should be implemented before the taxpayer enters into a given transaction."