Accounting
A simple and clear overview of the company’s finances. The basic reports – balance sheet, income statement, cash flows and VAT return – are preset. The default settings have a detailed chart of accounts and preset automatic entries for the most common transactions. All of this allows for the easy set up of a functioning accounting system, even for beginners. However, you can change the chart of accounts and other presets, which makes SimplBooks flexible enough for experienced and more demanding accountants.
- default settings include a chart of accounts
- preset balance sheet, income statement, cash flows and VAT return
- fixed assets with automatic calculation of depreciation
- machine-to-machine interface with the Tax Board to submit VAT returns
Main ledger entries
If you have transactions that do not fit the scope of previously automated transactions, you can make main ledger entries. For example, transactions related to loans or leases, banking services, dividends etc. You can also easily edit previously entered transactions. To avoid accidental edits or deletions, simply lock previous periods. For example, at the end of each month.
Comparative reports
In SimplBooks, all accounting reports can be easily divided into shorter periods and compared to each other. You can compare the beginnings and endings of periods, as well as the same periods in different financial years. Report headers include easy-to-understand options for comparison and division into periods. Similar to main reports, comparative reports can be exported in different formats.
Interface with the Estonian Tax and Customs Board for the submission of VAT returns
By activating the machine-to-machine interface with e-MTA, you can submit a completed VAT return in SimplBooks in just a few clicks. Whether you send an approved or unapproved declaration is up to you. The main VAT return and INF A and INF B annexes automatically go together. If the machine-to-machine interface is not for you, you can of course download the VAT return with annexes as a file suitable for the Tax Board.
Flexibility
Although SimplBooks has a preset chart of accounts, preset VAT rates, labour taxes and main reports, you can always supplement and edit them if you wish. After all, accounting is a creative job and we don’t want to limit you! Similarly, you can edit or delete entries if you make a mistake, but you can also lock periods to prevent any changes to them.
Sari Suoknuuti, Entrepreneur (Tilipalvelu SariSusaS)
“I have been using SimplBooks for many years with my clients. SimplBooks is a very easy to use and versatile software to manage several companies in parallel. I especially appreciate the continuous development and updating of the software. Also a great thing is the professional and friendly customer service!”
Reporting
SimplBooks includes various reports to analyse the company’s income and expenses.
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