Yes, Accountable works for limited companies (BV, SRL). While Accountable is primarily designed for self-employed individuals using simplified accounting, it also covers several key tasks for company directors working through a legal entity.
Please note that this article provides general guidance only. Tax rules may vary depending on your individual situation. When in doubt, ask your Tax Coach.
This article covers what Accountable can do for your company, what still requires an accountant, and a full overview of your tax obligations.
What can Accountable help me with?
Create, customise, and edit your sales invoices
Scan and encode your receipts and purchase invoices
Follow your accounting and cash flow in real time
Anticipate how much VAT you will pay
Accountable is mainly aimed at self-employed individuals (either complementary or full-time) who file taxes with simplified accounting. When you run a legal entity, you need to maintain double-entry bookkeeping (not available in Accountable at this time) and rely on an accountant to file your annual accounts.
What still requires an accountant?
Optimise your corporate tax liability
Prepare and file your corporate tax return
Prepare the minutes of the annual shareholder meeting
Publish your accounts to the National Bank (if applicable)
Prepare and file your VAT returns (you can do this in Accountable, but most accountants prefer to handle it themselves)
What are my tax obligations as a company?
Here is an overview of the accounting and tax obligations that are or are not covered in Accountable:
Tax obligations | Available in Accountable |
Quarterly VAT returns | ✅ |
Annual client listing | ✅ |
Intra-community listing (intra-EU listing) | ✅ |
Double-entry bookkeeping | ❌ |
Company tax return | ❌ |
Annual balance sheets | ❌ |
Key takeaways
Accountable works for limited companies (BV, SRL) and helps with invoicing, expense scanning, cash flow tracking, and VAT preparation.
Accountable does not cover double-entry bookkeeping, the corporate tax return, or annual balance sheets.
You still need an accountant to file your annual accounts and handle corporate tax obligations.
VAT returns can be filed in Accountable, though many accountants prefer to manage this themselves.
Want to learn more? Join our upcoming webinar 'From start to success: making the most out of Accountable', hosted live by one of our Tax Coaches to answer your questions.
Need help? Chat with us or email support@accountable.eu, we're happy to help.