Freelancer Tax Germany
Expat freelancers in Germany cannot complain about the German Bureaucracy. They are experts in their field and must manage with a new country, system, culture and to top it all, also understand something about bookkeeping. Many use the service of a tax consultant, understandable, but not always useful. Firstly, tax accountants don’t work at a social rate. In addition, relevant business figures are often provided in the last minute. It pays to take this matter in your own hands.
So, we made a comparison test and took a closer look at three accounting software’s. The booking technique is sufficiently comfortable for all tested programs. In addition, all applications comply with the current tax regulations regarding the annual financial statements and the various tax reports.
Debitoor invoicing and accounting software is a clear, easy-to-use accounting cloud-based software for simplified profit determination. It is designed for freelancers and small business owners and invites your accountant to collaborate to make sure your business finances are always in order. It automates some of the most important accounting tasks, making it easier to stay on top of your finances. Automate your finances with automatic bank reconciliation, automatically matching transactions to invoices and expenses. Create instant reports to get an up-to-date overview of your business's finances. You can create VAT reports, Profit & Loss Statements and Balance Sheets with just one click. You can invoice anywhere, anytime and access your payments from your computer, tablet or phone. Debitoor is available on both Android and iOS, giving you all the tools, you need right in the palm of your hand. With prices starting at £4/€4 per month, Debitoor is designed to grow with your business. Debitoor invoicing software is localized to over 40 countries across Europe, Asia, Africa, Australasia, Latin America and Germany. No credit card required, you can cancel at any time and a 7 days trial period.
FastBill enables organizations to make excellent invoices, gather their costs and discuss better with their clients. FastBill was built with small businesses and entrepreneurs in mind. FastBill is an all-rounder when it comes to online billing. The tool not only has billing and customer administration in its luggage, but also shines through the project management, time tracking and various additional features such as the convenient online customer center. The usability of FastBill is also largely convincing (with a few exceptions). With the (quite expensive) premium version, the provider offers additional services that the FastBill team can use to help you with your bookkeeping. All in all: a very good offer!
FastBill costs between 10 and 100 euros per month, depending on the chosen tariff. The two cheaper STARTER and PRO versions are functionally based on each other, while the largest PREMIUM package includes additional features such as automation and the support of your accounting by employees of FastBill.
The smallest STARTER package already comes with unlimited invoices and receipts and otherwise offers all the necessary standard functions including invoice designers, document entry via mobile app as well as the reading out of vouchers through smart text recognition. Only the linkable bank accounts (only one) and the API requests with which you can partially automate your financial management (100 requests per hour) are limited in this package.
The larger PRO package adds some convenience features such as the online customer portal (see below) and the very important DATEV export. You can also link multiple bank accounts at once in this plan, and the limit on hourly API requests increases to 1,000. In addition, this tariff is designed for teams and offers 5 user access and access for your accountant.
In the customer database of FastBill you maintain all customer data and create individual customers in a clear list. You also assign individual projects to projects and recorded working hours and use the maintained data for creating and sending invoices and other documents.
What's great about FastBill is the integrated customer portal. In the PRO version, you can use this to grant your customers online access to the respective invoices, which allows them to track the status of the invoice or to comment on the document if necessary.
In addition to simple invoicing, FastBill also offers rudimentary project management and a time recording tool. Project-based companies and agencies can thus not only bill for previously created products and services, but also book recorded working times for individual projects and bill them directly with FastBill. Nice: The time tracking tool is prominently placed on the right edge of the screen so you can access it from any "place" in the software. Even employees who do not otherwise work with FastBill can use it as an easy-to-use timetracking tool.
The support of FastBill shines through accessibility. This allows you to communicate with the support team in a variety of channels. There is a telephone hotline as well as support via email or live chat. In addition, FastBill is represented on facebook and Twitter. The support times are standard: on weekdays from 9 to 17 o'clock in the usual business hours.
If you travel a lot or work with different devices, cloud-based accounting solutions like Debitoor or FastBill are best for you. Local installations are eliminated as well as regular updates. Both of these services include not only bookkeeping, but also order processing and online banking. They are are equipped with mobile document scanners and can be linked with partner solutions, for example for travel expenses. A monthly fee is paid. Compared to traditional accounting software, services are leaner and easier to use. Cloud bookkeeping is perfect when several people in different locations take care of the paperwork together. We can recommend both. It is only a matter of taste.
Tax Expert, Banker, Expat
Freelancer Tax Germany
Expat Freelancer Tax Serivce