Which accounting software makes sense for my taxes?

Whether you are changing tax advisors or starting your own business, choosing the right accounting software can make working with your tax advisor more efficient and reduce the administrative workload in your company.

When changing accounting software, the following should be taken into account:

• Compatibility : In order to facilitate data exchange between companies and tax consultants, it is important that the software is compatible in many ways. This includes, for example, interfaces for data exchange, corresponding access options and the option of DATEV import and export, etc.
• Scalability : Make sure the software can grow and adapt with your business.
• User-friendliness : To use the new software quickly and without problems implement, it is important that it is easy to use.
• Support and updates : It is imperative that the software receives regular updates and legal adjustments are made. Good support can be reached via the ticket system and will respond within 24 hours.

Here we present some of the most common software solutions used by tax consultants as well as relevant programs for companies .

tax advisor software solution

DATEV :

• is certainly one of the best known and most frequently used software solutions for tax consultants in Germany. The software offers comprehensive functions for bookkeeping , payroll accounting , tax returns and annual financial statements .
• If your tax advisor uses DATEV , it makes collaboration easier if you as a company also have access to DATEV-based solutions. The receipts can then be sent digitally to the tax advisor. For example: “ DATEV Unternehmen online ”

ADDISON :

• is a comprehensive software solution for tax consultants that offers functions for accounting , tax returns , annual financial statements and business consulting .
• If the tax advisor uses ADDISON-based accounting software, it makes sense for the company to also use it for the easy digital transfer of data.

LEXWARE:

• offers software solutions for small and medium-sized businesses that cover accounting , payroll , inventory management and tax returns .
• Lexware is particularly relevant for companies that manage their own financial accounting . It is a simple and cost-effective solution for then handing over the data to the tax advisor.

SAP Business One:

• is a comprehensive ERP software that was developed specifically for small and medium-sized companies. It includes various modules for finance, accounting, warehouse management and customer relationship management.
• SAP Business One is a good choice for an integrated solution for all business processes. Tax consultants who work with SAP data can import it directly into their tax consulting software .

Agenda :

• is a specialized software solution for tax consultants and companies. It includes accounting , payroll , and tax returns .
• If you want to work closely with a tax advisor but still manage your own accounting, you will find a suitable solution here.

software solutions for companies

Accounting software:

Examples: Lexware, sevDesk, Sage, WISO Mein Büro

Suitable for internal accounting management and collaboration with tax advisors. They offer functions such as invoicing , receipt capture and simple tax return tools .

Payroll software:

Examples: DATEV Lohn und Gehalt, Lexware Lohn+Gehalt, Sage HR Suite

Help companies to prepare payroll correctly and on time and to transmit the necessary data to tax advisors or tax authorities.

Document management systems (DMS):

Examples: DocuWare, ELO Office, PaperOffice

DMS systems enable companies to digitally record and store receipts and documents and send them directly to the tax advisor. This simplifies bookkeeping and reduces paperwork.

ERP systems:

Examples: SAP Business One, Microsoft Dynamics 365, Odoo

ERP systems integrate various business processes into a single platform, including accounting, inventory management, and human resources. They are particularly relevant for larger companies.

Conclusion: Good research and advice beforehand can make it easier to choose the right product. Ask your tax advisor which software he uses and recommends. It is also important, of course, to weigh up the costs and benefits.