Accounting is a significant source of information for many companies and businesses, so Fintechs that provide financial services have developed different accounting systems and platforms that allow their clients to efficiently manage their finances and be more competitive in their sector. With a proper accounting package, medium-sized companies can optimize their time and be more productive since it allows them to improve their decision-making process, acting efficiently and immediately.
Accounting package
When we refer to a business accounting package, we refer to a financial platform or tool (software) designed to help medium-sized companies optimize their operations or accounting processes through a broad range of tasks.
Among the services tailored to the needs of medium-sized companies is the accounting package, which stands out for offering the client an efficient record of their financial transactions. However, for an accounting package to fulfill its purpose, it must have a series of tasks and functions:
Tax returns
Tax obligations are fundamental for any medium-sized company, as they are a legal obligation. Failure to do so may cause penalties, fines, and even legal actions against a company, which illustrates the importance of the accounting field in any company or business. The accounting package offered by Pilsenga helps companies meet their tax obligations practically and efficiently through its customized returns. Through this tool, medium-sized companies can generate and export (at any time) customized returns tailored to their specific needs. To do this, simply choose the corresponding date range and the type of currency, and then you can download the data in PDF, CSV, or XLS format. It is important to note that the invoices function offered by Pilsenga allows companies to have quick and practical access to their records, allowing them to view the details of each invoice or even export the information of such invoices in CVS or JSON format.
Integration with payment systems
With the right accounting package, a company can enter a more dynamic or competitive market and expand its reach. By relying on Pilsenga’s e-money and IBAN services, medium-sized companies can integrate into the more extensive European SEPA payment network, extending their market reach and optimizing payment processes in different countries or territories.
Automation of accounting tasks
Medium-sized companies usually manage a large payroll or supplier portfolio, which generates a certain amount of invoices that must be paid within a specific time frame. At this point, Pilsenga’s accounting package plays a fundamental role since it allows medium-sized companies to automate many accounting tasks. An example of this is batch payments, which let the company automate its payment process, saving time and reducing the percentage of manual errors when managing such payments.
Asset flow control
Medium-sized companies usually have a significant flow of assets (digital and FIAT); therefore, they need a good accounting package. The accounting package offered by Pilsenga allows medium-sized companies to maintain better control of the flow of assets (entry and exit of assets) so that the company can have the “correct” image of its current financial situation.
Pilsenga offers an ecosystem in which medium-sized companies can carry out transactions and track local and international transfers through their dedicated and multi-currency IBAN accounts, as well as providing access to a payment gateway that meets all business needs and allows them to keep track of the records of such transactions. It is worth mentioning that Pilsenga also offers medium-sized companies Fiat Ledger and VC Ledger services, which allow them to track their fiat currency and virtual currency transactions with ease and efficiency.
What do you think about this topic? Would you like to learn more about our accounting package service?
If you are interested in Pilsenga’s products or services (including the accounting package for companies), you can visit our website and register on our platform by visiting the following link.
