BAG bookseller accounting company
| BAG bookseller accounting in Buchwert GmbH & Co. KG
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| legal form | Business area in Buchwert GmbH & Co.KG |
| founding | December 1, 1922 in Berlin as a cooperative based in Leipzig |
| Seat |
Bielefeld Germany
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| management | Michael Rosch (2016) |
| Number of employees | 8th |
| Branch | Clearing / central settlement |
| Website | www.buchwert-service.de |
The BAG bookseller accounting company is a service provider for the book industry. Originally founded as a cooperative, it was converted into a GmbH in 1956, transferred to BAG Buchhandler-Abrechnungsgesellschaft mbH & Co. KG in 2010 and has been an independent division of Buchwert GmbH + Co. KG, Bielefeld, since 2014. With its core service, clearing and central settlement , BAG compresses several million invoices per year into 24 collective accounts for booksellers and publishers , thus making the accounting administrative work easier on both sides.
functionality
The central service of BAG is the bundling of billing and payment transactions between bookstores and publishers. The publishers submit their bills electronically to the BAG, these are collected and compressed into two monthly bills, so that the bookseller only has to pay two per month instead of several hundred individual bills. The booksellers pay the stated collective amount due from the BAG settlement to the BAG. The publisher, in turn, receives its money not from the bookseller, but from the BAG. The advantages of this billing method via the BAG are obvious: instead of countless individual bills, the publisher only has to post 2 collective bills, has correspondingly lower fees for bank account management and also has plannable liquidity, as its invoice claims are always paid on time. The same advantages apply to the bookseller: considerable reduction in the accounting effort, savings in account management fees, because instead of many individual bookings, only 2 collective debits are made; In addition, in addition to the payment conditions such as discounts or currencies granted by the publishers, the booksellers participating in the BAG accounting process generally have 14 days more time to pay their liabilities. The central and indispensable prerequisite for BAG accounting is the so-called BAG number , which is usually identical to the bookselling traffic number, which clearly identifies the participating bookstores and publishers.
history
| date | event | |
|---|---|---|
| 1922 | Founding of the "accounting cooperative" Deutscher Buchhandler eGmbH in Berlin; Headquarters of the BAG in Leipzig (December 1, 1922) | |
| 1929 | 2,580 participants, including 911 publishers and 1,669 bookshops | |
| 1941 | Collapse of the book industry and consequently the BAG as a result of the Second World War | |
| 1953 | Re-establishment of the BAG - bookseller-accounting-cooperative (number of assortments: 622; number of publishers: 311) (September 28, 1953) | |
| 1956 | Change of legal form: BAG bookseller-accounting company mBH | |
| 1963 | Introduction of the traffic number as a general identification number within the book industry | |
| 1966 | For the first time, BAG also bills learning materials for the state of North Rhine-Westphalia | |
| 1972 | The number of BAG participants has steadily increased (number of retailers: 3,362; number of publishers: 877) (December 31, 1972) | |
| 2007 | Sale of the business shares to MVB Marketing- und Verlagsservice des Buchhandels GmbH, an economic subsidiary of the Börsenverein des Deutschen Buchhandels eV | |
| 2010 | Outsourcing of the operative business to the new "BAG" of the BAG Buchhandler-Abrechnungsgesellschaft mbH & Co. KG and acquisition of these shares by DZB Bank GmbH . The BAG becomes a corresponding member of the German Book Trade Association . | |
| 2011 | Start of the new BAG accounting procedure | |
| 2012 | BAG turns 90. | |
| 2014 | Buchwert GmbH + Co.KG is founded by DZB Bank GmbH, Mainhausen and EK / servicegroup eG, Bielefeld. DZB Bank GmbH brings "BAG" (clearing) into Buchwert GmbH + Co.KG and EK / servicegroup eG brings "Buch- und Marketing GmbH" (del credere accounting) as separate business areas. Since then, both types of billing can be offered under one roof. DZB Bank GmbH handles the technical processing of both types of accounting. Buchwert GmbH + Co. KG is based in Frankfurt a. M. | |
| 2016 | Relocation of the head office of Buchwert GmbH & Co. KG with its two business areas "BAG" (clearing) and "Verbund" (del credere settlement) to Bielefeld. |
Range of services
Since the acquisition of the shares in BAG by DZB Bank GmbH in 2010, the accounting company has expanded its range of financial services. In addition to clearing and central settlement, the BAG now also offers financial services such as school book deferrals for bookstores and prepayment payments for publishers. As part of Buchwert GmbH + Co KG, the most important goal of BAG is to optimize the accounting processes in the book trade and publishing house and to regularly adapt and expand its range of products to meet the current needs of the book industry.
literature
- Klaus-W.Bramann, C.Daniel Hoffmann: Commercial enterprise range. 2nd Edition. Bramann, Frankfurt am Main 2004.
- Stephan Füssel, Georg Jäger and Hermann Staub in connection with Monika Estermann on behalf of the Historical Commission (ed.): The German Publishers and Booksellers Association 1825–2000. A historical outline . Booksellers Association, Frankfurt am Main 2000.
- 50 years of BAG. Efforts to collect accounts in the German book trade . BAG bookseller-accounting company MBH, Frankfurt am Main o. J.
Web links
- www.buchwert-service.de - official website of the BAG
Individual evidence
- ↑ www.bag-service.de/Unternehmen. (No longer available online.) FOPH, archived from the original on April 21, 2012 ; Retrieved March 7, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ BAG book trade. (No longer available online.) BAG, archived from the original on April 20, 2012 ; Retrieved March 7, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ BAG publishers / deliveries. (No longer available online.) FOPH, archived from the original on April 21, 2012 ; Retrieved March 7, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ BAG: Letter from the head of the Börsenverein, Gottfried Honnefelder. Börsenblatt.net, July 15, 2007, accessed March 7, 2012 .
- ↑ DZB BANK acquires the bookseller accounting company BAG. (PDF; 112 kB) (No longer available online.) DZB Bank, May 21, 2010, archived from the original on September 19, 2013 ; Retrieved March 7, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ BAG becomes a corresponding member of the Börsenverein
- ↑ BAG Finanz - For individual financing solutions. (No longer available online.) BAG, March 7, 2012, archived from the original on December 29, 2011 ; Retrieved March 7, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
