Accounting software – the main features and costs

The functioning of a company is unimaginable without accounting. It is simply part of the routine to issue and post the invoices, credit notes or payment reminders or to calculate the sales tax. Nowadays, there is a wide range of accounting software that could facilitate the workflow.

Which accounting software is good?
There are many accounting software solutions on the market that basically offer and promise similar functions. Actually, every business owner has to decide which of them are the most important and helpful for him. Mostly, these are the functions that assist with the year-end closing and balance sheet, facilitate the monthly bookkeeping and help with the advance VAT return.
Although there are many different accounting programs, they differ in detail. When deciding on one or another software, it is important to note that the program can also generate the reports such as tax returns for the tax office or enable a connection to the tax advisor.

Selbstverständlich ist es sinnvoll, eine Buchhaltungssoftware vor der Anschaffung zu testen. Especially reputable providers very often provide a free trial period of their accounting software. The modern software Runple offers all the necessary functions for successful accounting, addresses the needs of customers and you can test it 30 days for free without commitment and without a credit card.

The most important functions of accounting software

We have already mentioned that a good accounting software should bring certain functions. But which of them are the most important? Here you can find short descriptions about them:

Offer tool
A company offers its products or services. With this tool, you can send the quotes to existing or future customers, later convert them into the orders and finally into the invoices.

Invoice tool
This is one of the most important modules where you can manage all the incoming and outgoing invoices and also send them directly to the customers. Such an invoice program is usually integrated into the software.

Dunning system
The accounting software should support the dunning process. If the payment of an invoice is delayed, a payment reminder is sent to the customer first. If payment is still not received after that, the accounting software should automatically send a reminder.

Digital receipt management
Modern accounting programs can also read, process and archive digitized receipts. This feature eliminates the need to file paper receipts, saving paper, working time and space.

Advance VAT return
Entrepreneurs must submit an electronic advance VAT return by the tenth day after the end of the advance return period. This is done by registering with the ELSTER portal, which is why good accounting software should have an ELSTER interface. This way you can send the electronic advance return for VAT from the software directly to the tax office.

Data transfer to tax advisor
Most entrepreneurs prepare all the accounting and documentation for the tax advisor themselves, and then send everything to him. Forwarding the data to the tax consultant should be as simple and quick as possible. Many tax consultants work with DATEV, so the DATEV interface is widely used in accounting software.

How expensive is accounting software?
Since there are many providers of the accounting software, the prices vary, but remain quite affordable thanks to on-demand solutions. Generally, the user pays a flat monthly price and can use all the software features. The price also depends on how many users the package is intended for. The cheapest package can be intended for only one user, so it fits a freelancer.
So, you can’t exactly name the price of a modern accounting software, you definitely have to research for the best price-performance ratio. Depending on the functionality and the size of the company, prices can range from 6-10 euros to 80 euros per month.

Who needs an accounting program?
Everyone who is looking for a reliable support for their everyday work needs a good modern accounting software. Such programs save a lot of working time, stress, also reduce human errors, automate work processes.
When choosing a solution for accounting software pay attention to the provider.Software von Runple bietet die wichtigsten Tool für Ihre Buchhaltung, die einwandfrei funktionieren.  With the help of a good accounting software you also create an overview of all your business processes.