Keep your accounting in check

Veröffentlicht am 02/06/2020 in Start Like A Pro

Even dyed-in-the-wool entrepreneurs often find it a hassle: accounting. No one likes making invoices, sticking sales receipts on a sheet of paper or making sure all accounting documents are submitted to the accountant on time every quarter. Fortunately there are practical online tools that make your financial administration less of a chore. Here’s an overview of the best tools available today.

Keep your accounting in check

Keeping a firm grip on your finances is essential if you’re going to succeed. This does not only apply to major corporations but it’s doubly true for starters. We understand you want to focus 24/7 on your core activities - after all that’s why you became an entrepreneur in the first place - but healthy accounts really are a prerequisite to success.

The classic administrative burden is often monotonous and boring. Accounting documents are misplaced or lost, outgoing invoices are often sent too late and mistakes are easily made. These problems may seem harmless or trivial until you get audited by the tax authorities or find that your cash flow has inexplicably run dry.

Online accounting programs do just about everything your accountant does: keep track of revenue and expenditures, send invoices automatically, submit VAT declarations, draw up expense reports, ... Everything you will ultimately see on your tax return. The programs below will help you save a lot of time that can be better invested in your business. Get a head start on the competition and use one of the below programs to become a digitally advanced small business.

1. Moneybird

A Dutch accounting package that ‘thinks along’ with you. It’s fast and user-friendly and brings together all aspects of your accounts in a transparent manner. In principle this tool enables you to keep your own books without outside help but if you prefer to have your accountant look over your shoulder you can simply give him or her access to the data. The initial two months are free at which point you can choose one of three democratically priced formulas.

Discover more on: moneybird.nl

2. Accountable

The freelancers’ best friend is obviously also suited for starters. This mobile app guarantees peace of mind as well as an optimised tax return. In addition to practical digital tools to keep track of your expenditures, invoices and VAT declarations, you can also seek strategic advice from a real-life adviser every quarter.

Discover more on: accountable.eu

3. Factuursturen

Since 2008 this tool has helped users send 14,579,771 invoices. Use of this web-based program is largely for free as far as invoicing and business administration goes but subject to a small fee the website can also be accessed from your smartphone. The program goes slightly beyond classic administration e.g. you can also manage your stocks and register hours worked by employees.

Discover more on: factuursturen.be

4. Yuki

The powerhouse among the online accounting tools that does that little bit more. The software is suited for professional accountants so there’s no lack of functions. Yuki is smart software that automatically recognises and processes your invoices. At a glance you get a clear overview of the current state of affairs: you see all unfinished tasks and unanswered questions, outstanding invoices, points for improvement that need your attention... across your customer portfolio. Yuki helps you keep things firmly under control.

Discover more on: yuki.be

Good luck with those books!

For even more expert advice, interesting links or suggestions for tools to guide you step by step as a Starter, please visit Start Like A Pro.

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