Certified Accounting Software: Who Qualifies and What You Get
Learn how self-employed individuals in Germany use certified accounting software for automated tax compliance and invoice management.
This scheme refers to the use of specialized digital tools designed to help you manage your business finances and meet official tax requirements.
Who it's for
This is for all self-employed individuals working in Germany. Whether you are a freelance creative or a service provider, if you operate as self-employed, these tools are intended to help you manage your professional obligations.
What you get
The software provides automated tools for managing your invoices and ensuring your tax compliance is handled correctly. This helps you manage your business processes more efficiently by automating the creation and tracking of invoices. By using these digital tools, you can maintain a clearer view of your financial status and ensure that your records are ready when needed for tax purposes.
What it costs you
Using this type of software is not free. You will need to pay a monthly subscription fee to the provider to maintain access to the service and its features. You should check the specific pricing plans offered by different software companies to find a monthly cost that fits within your business budget.
The catch to know
The most important thing to understand is that your software must be GoBD-compliant to satisfy German tax audits. GoBD refers to the official principles for the proper management and storage of digital books and records. If your software does not follow these specific digital record-keeping rules, your financial data might not be considered valid during an official audit. Ensuring your software meets these standards is essential to keeping your records in line with national tax requirements.
How to apply
- Research different software providers that specialize in accounting for small businesses and freelancers.
- Confirm that the software specifically mentions GoBD compliance to ensure it meets German standards.
- Select a subscription plan that matches your business volume and budget.
- Complete the registration process on the provider's website to begin setting up your digital accounts.