Free online invoicing software
with KSeF support
Do you sell on Allegro, Amazon or eBay? Or do you run your own online store and not know how to account for taxes on online trade in different countries? This is a highly advanced issue requiring experience and knowledge. Find out why it is worth entrusting your accounts to an accounting office that knows the rules in every European country.
Automation and digitisation – what are they?
Automation means supporting human work with machines, usually computers in this case. In turn, digitisation means transferring analogue resources (such as paper accounting records or CDs) into digital form using electronic devices.
Digitisation in business:
- makes information easier to access,
- saves space,
- makes bookkeeping easier,
- enables remote work,
- allows rapid exchange of information with people outside the company (such as an accountant),
- keeps information safe (fire or flooding does not destroy the resources).
Digitisation is sometimes also called digital transformation, although the concepts differ. While digitisation means replacing analogue resources with digital ones, digital transformation means creating a business model based on new technologies. Automation and digitisation are therefore parts of digital transformation.
Subscribe to our newsletter
Leave your email address and receive guides supporting your business’s growth once a week
Process automation for e-commerce
The e-commerce industry is entirely based on digital transformation – online stores are a digitised (moved online) version of physical stores. An accounting office with full automation and digitisation meets the needs of e-commerce by offering companies automated solutions instead of analogue accounting.
You can therefore check inventory levels faster, monitor prices continuously and shorten shipping times. An automated system synchronises the warehouse with the sales channel, sends email notifications, stops sales when products are unavailable, prints labels and issues invoices.
International business within reach
Would you like to reach foreign customers but fear that it may be too difficult? If you have an efficient automated system and good accounting support, you have nothing to fear. It is important that your accounting office specialises in e-commerce services across Europe. Such an office understands how e-commerce works and knows the regulations governing this type of activity in every European country.
Comprehensive e-commerce support enables you to establish a company in another country or open your business to international sales – without worrying about foreign procedures, taxes and documents. VAT refunds, Amazon FBA, payroll, expense reimbursements, payment gateways, taxes, settlements and contact with foreign authorities are matters your accounting office can handle while you are busy conquering European markets.
Accounting office for e-commerce – why is it worthwhile?
Process automation significantly reduces the time needed to get things done. Forget the tedious checking of documents and errors that arise when providing a service. With a modern integrated accounting system, you know exactly what is happening in your company. This way you work less, while your business keeps running – even when you sleep.
An accounting office with full digitisation and automation for e-commerce means that:
- You save time and money – after working hours, you do not have to read regulations or handle settlements: that is your accountant’s job. You use the latest tools that save time and money while allowing you to sell exactly where you want.
- You avoid penalties and interest – a major concern about international sales is penalties imposed on entrepreneurs who fail to complete formalities on time or make accounting errors. With an accounting office, you can rely on timely and effective tax settlements throughout Europe.
- You have full control over your business – integration with the accounting system lets you gather all information in one place, giving you full control over your business. Reports, summaries and other essential services can be in one place, with data available through an intuitive app wherever you have internet access.
- You provide professional customer service – the implemented integration lets you solve problems faster and give reliable answers to customers’ questions. A direct view of an order makes it possible, among other things, to provide information on its current shipping status.
If this article interested you, explore our e-commerce accounting services and see how we can help:
Our specialists can help you put this knowledge into practice.
Summary
TaxCoach accounting office gathers all data in one place, saving you valuable time and minimising the stress associated with accounting matters. Our intelligent system supports your business whether you sell in Poland, Germany or the United Kingdom. An integrated accounting system supports your company and lets you manage the business from anywhere in the world.
Interested in this article?
Enter your email address and once a week you will receive practical materials and tips to help you grow your business.
Book a free consultation
Grow your business with accounting combined with advisory services:
or
