FreeFinance

FreeFinance is an online accounting tool built specifically for Austrian businesses. It helps you manage bookkeeping, invoicing, and tax obligations in compliance with local regulations like RKSV and BAO.

With all data hosted on secure, ISO-certified servers in Austria, it provides a clear solution for data sovereignty and GDPR requirements. The platform is designed to handle the specifics of the Austrian financial system.

Key functions include:

• Direct FinanzOnline Integration: Submit your VAT returns (UVA) and EC Sales Lists (ZM) directly through the platform.
• Bank Connection: Automatically import bank transactions to match them with invoices and receipts.
• Document Management: Use OCR to scan and automatically process information from receipts and invoices.
• Flexible Accounting: Supports both cash-basis (Einnahmen-Ausgaben-Rechnung) and double-entry bookkeeping.
• Tax Advisor Access: Grant secure access to your accountant or tax advisor for easy collaboration.

The tool is a practical choice for Austrian sole proprietors, SMEs, and GmbHs who need a system that is always aligned with current national tax laws.