Kontist Bookkeeping is only suitable for the self-employed with the following requirements:
You are NOT subject to double-entry bookkeeping
In general, freelancers (Freiberufler) are not obliged to do double-entry bookkeeping. Self-employed (Gewerbetreibende) are only obliged to do it if their annual turnover is over €600,000 or the profit over €60,000. If this is not the case, you are not required to do double-entry bookkeeping.
You only use your Kontist account for a one business or only use your account for one tax number.
In this case, you have no mixed sales from different business activities in your account.
In addition to your Kontist business account, you should not have a second account.
This also applies to credit card accounts, PayPal or other payment service providers. You should use your Kontist account for all business income and expenses. For this reason, we cannot offer Kontist Bookkeeping to the self-employed in e-commerce.
You should generally avoid cash payments in your company.
If it cannot be avoided in exceptional situations (for example with entertainment expenses), transfer the amount from your Kontist account to your private account in a timely manner. In doing so, you generate an outgoing transaction, for which you can upload the corresponding receipt. Kontist Bookkeeping is not for you, if you do a lot of cash transactions.