Pro Light uses single-entry bookkeeping. This is a simplified accounting method in which income and expenses are recorded on an accrual basis, i.e., as they arise. Single-entry bookkeeping does not include a balance sheet.
We prepare and pay VAT returns on your behalf, as well as your annual business tax return. VAT returns are filed in accordance with the VAT period – monthly, quarterly, or once a year. The tax return is filed once a year, by April 1.
You can easily track your income and expenses in the app's reports.
Corporate authorizations are an important part of the service
In order for us to take care of your company's accounting and submit official reports on time, your company authorizations must be in order. Authorizations are always requested at the end ofLight Pro Light , once your company has been registered.
If you are unsure whether your authorisation is in order, you can easily check this Truster. Open the Menu, select Company Information and click on Tax Payment Information. If you can see payment information, everything is in order. If the page is blank and no payment information is displayed, you do not have authorisation.
If you have noticed that your company authorizations are missing, take a look at the illustrated instructions here and go ahead and grant the authorizations.
Tax payment information is updated automatically after authorisation has been granted, usually by the following day at the latest.
Once authorizations are in place and materials have been delivered on time, accounting runs automatically in the background—just as it should.