Limit the risk of tax audit
Managing your start-up’s accounting by using an accountant can also reduce the risk of being confronted with a tax audit. The administration tends to control more companies without an accountant, whose accounts are not certified.
An accountant can also help you save money. This may seem counterintuitive because an accountant and/or accounting software for start-ups represents a cost. However, in this way you could optimize the accounting and taxation of your company and thus reduce your expenses.
Accounting Software for Startups: 3 Options to Consider
There are a lot of software programs available middle east mobile number list for keeping your accounts. If you decide to hire an accountant, check that they are not already using software. Some accountants have partnerships with publishers. If this is not the case, you can make your own choice.
Here are 3 accounting software to consider for your startup’s accounting:
- Pennylane
Pennylane is an all-in-one financial and accounting management platform that promises to save 3 days per month on your accounting. This online solution is particularly suitable for start-ups and e-commerce businesses. Among the main features: tracking income the ideal mix of style and expenses with bank synchronization, invoicing your customers as well as managing receipts and expense reports. The basic package for businesses costs €29 excluding VAT per month.
Shine accounting start up
Shine is a neo-bank, which facilitates the accounting of start-ups and small businesses. When you have a Shine professional bank account, you can easily manage your accounting from the mobile application. Features include: invoicing, receipt scanning, VAT management, automatic reconciliation of certain transactions and automated exports. Shine offers different packages for a professional bank account, starting at €7.90 per month.
- Quickbooks
quickbooks start-up accounting solution
Quickbooks is a SaaS (Software-as-a-Service) accounting uae cell number software to automate your accounting processing. It is a full accounting software, with a large number of features: sales management, expense management, VAT returns, bank account connection, cash flow and forecasting or accounting reports and dashboards. The Simple Start package costs €10 excluding VAT per month.
