Accountable is an AI-driven tax and accounting platform tailored for freelancers and small business owners. It simplifies tax filing, invoicing, expense tracking, and integrates with banking for clear tax management. Featuring an AI Assistant trained on German tax regulations, Accountable ensures accurate filings with compliance assurance, helping users handle income tax, VAT, and generate invoices seamlessly.
Features
- AI Tax Assistant: Answers tax questions and verifies entries.
- Automated Tax Calculations: Handles VAT, income, and business taxes.
- Invoicing: Customizable and compliant invoices, including e-invoices.
- Expense Tracking: Scans and categorizes receipts.
- Bank Integration: Monitors financial transactions in real-time.
- Tax Guarantee: Covers tax liabilities due to errors up to €5,000.
How It Works
Users connect accounts, input expenses, and manage invoices via Accountable’s app or web platform. The AI Assistant offers tailored tax advice and checks data for filing accuracy. Real-time tracking of income and expenses helps maintain compliance, with end-of-year summaries and filing ready for submission.
Use Cases
- Freelance Tax Filing: Easily file taxes without a tax advisor.
- Invoicing for Projects: Create and send legally compliant invoices.
- Expense Tracking for Deductions: Organizes deductible expenses.
- Income and VAT Filing: Submits income and VAT returns directly.
Pricing
- Free Plan: Basic invoicing and limited document uploads.
- SMALL Plan: €15.50/month for freelancers under €22,000 in revenue.
- PRO Plan: €22.50/month for VAT filers with expanded features.
For details, visit Accountable’s pricing page.
Strengths
- User-Friendly Interface: Accessible for freelancers.
- Data Security: PSD2 compliance ensures strong encryption.
- Real-Time Insights: Monitors financial data with banking integration.
Drawbacks
- Limited Features in Free Plan: Full benefits require a subscription.
- Restricted to German Market: Primarily optimized for German tax law.
Comparison with Other Tools
Unlike platforms like Lexoffice and Kontist, Accountable offers real-time AI-driven tax advice specifically designed for freelancers, providing tailored support and a tax guarantee unique to German regulations.
Customer Reviews and Testimonials
Users commend Accountable’s intuitive invoicing and AI tax support, noting its time-saving and stress-reducing capabilities. Some users wish for more detailed features in the free plan.
Conclusion
Accountable is an ideal tax and accounting solution for freelancers in Germany, providing easy-to-use tools for invoicing, tax filing, and expense tracking with AI-driven accuracy. With comprehensive compliance support and real-time financial tracking, it is well-suited for freelancers managing complex tax obligations.
