In order to enable a self-employed to handle their accounting easily and independently, our team has developed our first online solution – an income and expense accounting system Vincit Pats.lv

Handling your accounting independently required specific knowledge, and for a young entrepreneur, willing to develop their business primarily, the need to run accounts may cause a lot of headache. But with our new solution it is going to be much easier to be a self-employed, because handling accounting with this system requires no previous knowledge of accounting.

Vincit Pats ensures accounting of income and expense in single entry system. Key features:

  • automated accounting of taxes
  • registration of transaction data
  • automated generation of quarterly reports
  • issuing bills
  • analytics of expense of self-employed
  • tips in writing off expenses
  • possibility to add a bank account for automated upload of transactions to the journal
  • preparing data for submitting declarations
  • document storage

The system is designed for self-employed, including those registered in the register of VAT payers, those having a status of micro-enterprise tax payer, who is not a VAT payer, and for individual merchants. The system is also convenient customer service platform for accountants who are handling accounting of self-employed.

Find out more about the platform