Yes, Accountable works for limited companies (BV, SRL). While Accountable is primarily designed for self-employed individuals using simplified accounting, it also covers several key tasks for company directors working through a legal entity.<\/p>\n
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Please note that this article provides general guidance only. Tax rules may vary depending on your individual situation. When in doubt, ask your Tax Coach.<\/p>\n
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This article covers what Accountable can do for your company, what still requires an accountant, and a full overview of your tax obligations.<\/p>\n
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Create, customise, and edit your sales invoices<\/p>\n<\/li>\n
Scan and encode your receipts and purchase invoices<\/p>\n<\/li>\n
Follow your accounting and cash flow in real time<\/p>\n<\/li>\n
Anticipate how much VAT you will pay<\/p>\n<\/li>\n<\/ul>\n
Accountable is mainly aimed at self-employed individuals (either complementary or full-time) who file taxes with simplified accounting. When you run a legal entity, you need to maintain double-entry bookkeeping (not available in Accountable at this time) and rely on an accountant to file your annual accounts.<\/p>\n
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Optimise your corporate tax liability<\/p>\n<\/li>\n
Prepare and file your corporate tax return<\/p>\n<\/li>\n
Prepare the minutes of the annual shareholder meeting<\/p>\n<\/li>\n
Publish your accounts to the National Bank (if applicable)<\/p>\n<\/li>\n
Prepare and file your VAT returns (you can do this in Accountable, but most accountants prefer to handle it themselves)<\/p>\n<\/li>\n<\/ul>\n
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Here is an overview of the accounting and tax obligations that are or are not covered in Accountable:<\/p>\n
| \n Tax obligations<\/b><\/p>\n<\/td>\n | \n Available in Accountable<\/b><\/p>\n<\/td>\n<\/tr>\n Quarterly VAT returns<\/p>\n<\/td>\n \u2705<\/p>\n<\/td>\n<\/tr>\n Annual client listing<\/p>\n<\/td>\n \u2705<\/p>\n<\/td>\n<\/tr>\n Intra-community listing (intra-EU listing)<\/p>\n<\/td>\n \u2705<\/p>\n<\/td>\n<\/tr>\n Double-entry bookkeeping<\/p>\n<\/td>\n \u274c<\/p>\n<\/td>\n<\/tr>\n Company tax return<\/p>\n<\/td>\n \u274c<\/p>\n<\/td>\n<\/tr>\n Annual balance sheets<\/p>\n<\/td>\n \u274c<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n \u200b<\/p>\n Accountable works for limited companies (BV, SRL) and helps with invoicing, expense scanning, cash flow tracking, and VAT preparation.<\/p>\n<\/li>\n Accountable does not cover double-entry bookkeeping, the corporate tax return, or annual balance sheets.<\/p>\n<\/li>\n You still need an accountant to file your annual accounts and handle corporate tax obligations.<\/p>\n<\/li>\n VAT returns can be filed in Accountable, though many accountants prefer to manage this themselves.<\/p>\n<\/li>\n<\/ul>\n Want to learn more? Join our upcoming webinar ‘From start to success: making the most out of Accountable’<\/b>, hosted live by one of our Tax Coaches to answer your questions.<\/p>\n |