If you run a business, you’re all too aware how important it is to keep your accounting up to date. Many small business owners struggle with this. After all, it’s not what you set out to do (unless you’re an accountant!), and somehow it’s never at the top of the to-do list.
If only there was a tool that would help you get your VAT return in – without having to juggle books and invoices!
It’s getting ever more complicated in the wake of the EU’s VAT rules. These mean that small businesses need to keep track of where their customers are located, adhering to a string of restrictive regulations that require you to know where your customers are located, meaning you have to hold on to the data you collect on your customers for 10 years.
SMBs just don’t have the kind of time, staffing or money it takes to deal with the 75 different rates of VAT in the EU in-house, which is ironic, because the companies the new VAT rules were intended to penalise were high-turnover organizations like Google and Apple who run all their accounts for the EU through low-tax Luxembourg. The requirement for a SMB-oriented solution that delivers professional results quickly and simply is overwhelming.
We have a tool that will help you deal with the new VAT issues, a headache for many small businesses. Even if you’re already working with an accountant, our tool can still help you to transfer your quarterly or yearly accounts information more easily.
Finally, a tool that liberates the small business owner from the grind of accounts. When you do your accounts, you run through your invoices and receipts, and use that data to figure out what you owe. But rather than do all the maths yourself, you can simply leave the job to Quaderno. Our tool will do that for you without you doing a thing. We’ll analyse your account and build an accurate picture of your taxes.
Our accounts tool will keep track of all your invoices and receipts. You can create invoices manually, or you can set our tool to track your receipts automatically even if they go through other sites like PayPal, Braintree or Stripe. That means you can have all the tax-specific material for a year or a quarter, right there in one place. You can create your tax return with just one click.
Quaderno includes analytics too; you can measure taxes per customer, access a summary of your taxes or track your business’ financial health, right there in Quaderno. Accounting tasks that can take a small business owner days can be accomplished with a couple of clicks.
Everything you need to survive the VAT mess unscathed and analyse your finances at a glance here, at Quaderno.
Note: At Quaderno we love providing helpful information and best practices about taxes, but we are not certified tax advisors. For further help, or if you are ever in doubt, please consult a professional tax advisor or the Tax Agency.