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Turnover tax, also known as value added tax (VAT), is an important tax in Germany. It affects both businesses and consumers and plays a crucial role in the German tax system. It is therefore of great importance to understand VAT and its impact on business and transactions. Key Takeaways Sales tax is a tax on the turnover of businesses. Any business that sells goods or services is subject to [...]
VAT: Everything you need to know Read more »
A chart of accounts is an essential tool in a company's controlling. It enables the systematic and structured recording and monitoring of a company's financial activities. In this article, we will explain what a chart of accounts is, why it is important for controlling and how it can be created and used to improve a company's financial performance. Key Takeaways A chart of accounts is an important tool for controlling. To create a
Efficient controlling with a chart of accounts: How to keep an overview Read more »
Want to improve your bookkeeping skills and set your business up for financial success? We'll cover the key components of good bookkeeping, common mistakes to avoid and how bookkeeping can help your business make sound financial decisions. Discover the benefits of outsourcing bookkeeping services and how proper bookkeeping contributes to the overall success of the business. From maintaining invoicing to understanding and tracking expenses, we'll give you
Bookkeeping: Tips and tricks for bookkeeping according to recognised standards Read more »
Accounting is an essential part of any business, regardless of its size or industry. Proper bookkeeping allows companies to monitor their financial situation, make decisions based on accurate data and fulfil legal requirements. In this blog post, we will cover the most important accounting topics and give you a comprehensive overview of the different aspects. Key takeaways Bookkeeping is the systematic recording and processing
Accounting terms: The ABC of the financial world Read more »
Are you new to the world of CAFM software and wondering what it's all about? In this comprehensive guide, we'll cover everything you need to know as a newbie. From the features and benefits of CAFM software to the different types available, we'll explore how it works and how you can choose the right one for your needs. Whether you're looking to implement CAFM software in your organisation or simply want more
CAFM software: Everything you need to know as a dummy ;-) Read more »
Bookkeeping is very important for small business owners as it helps them keep track of their financial situation and run their business effectively. In this blog post, we will cover the different aspects of bookkeeping for small businesses and give tips on how to organise it efficiently. Key Takeaways Bookkeeping is a legal requirement for small business owners Small business owners can choose between cash basis accounting and balance sheet accounting Small business owners must keep certain records
Accounting for small businesses: What do I need to consider in 2024? Read more »
Accounting is an essential part of every company. It enables the company's financial situation to be monitored, transactions to be tracked and reports to be prepared. Proper bookkeeping is crucial to ensure the success of a business and to fulfil legal requirements. In this article, we will take a closer look at the importance of bookkeeping for businesses and highlight the different aspects of bookkeeping. Key Takeaways Bookkeeping is the systematic
Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!] Read more »
Accounting is an essential part of every company, regardless of its size or sector. It involves the systematic recording, organising and recording of all financial transactions that a company undertakes. In this blog post, we will take a closer look at the different aspects of bookkeeping to gain a better understanding of its importance and requirements. Key Takeaways Bookkeeping is the systematic recording and analysing of business transactions. Companies need to keep accounts when
Bookkeeping for beginners: the most important basics explained Read more »
Digitalisation has affected almost all sectors in recent years and the real estate industry has not been spared from this change. New technologies and innovative building materials, sustainability and energy efficiency, changing construction processes, smart homes and alternative living concepts are just some of the topics that will shape the future of the property industry. In this blog post, we will provide a comprehensive overview of these topics and analyse their impact on the real estate industry. Key takeaways
Building in transition: Is there a revolution in the property sector? Read more »
Efficient order management is crucial for the smooth running of a company. It enables effective processing of orders, optimal communication with customers and suppliers and minimisation of errors and customer satisfaction. In this article, we will take a closer look at the importance of efficient order management and discuss various measures to optimise processes. Why efficient order management is important Efficient order management has a direct impact on business processes and customer satisfaction.
Efficient order management: How to optimise your processes and save time Read more »
Leasing is an important financing method for companies, especially those that need to make large investments but do not have sufficient capital. It allows them to use assets such as machinery, vehicles or property without having to buy them. There are different types of leases, including operating leases and finance leases. In this article, we will explore the differences between these two types of leases and analyse their impact on businesses. Key Takeaways
What is the difference between operating leasing and finance leasing? Read more »
The debit position plays an important role in accounting. It is an essential part of accounting and is used to record and monitor the financial situation of a company. In this article, we will take a closer look at the debit position, explain its importance in accounting and explain the process of creating it. What is a debit position in accounting? The debit position is an important statement in a company's accounting.
The importance of debit positions in accounting: everything you need to know Read more »
Efficient property management is of great importance for property managers and owners. In this blog post, we will look at the definition and importance of efficient property management. We will also look at how modern software solutions can make property management more efficient. We will also look at the functions and features of good property management software and how these can benefit property managers and owners. In addition, we will explore the benefits of a centralised database
Efficient property management with a modern software solution Read more »
IT asset management is an important part of IT management in organisations. It refers to the management and control of all of an organisation's IT assets, including hardware, software and network components. IT asset management is crucial to ensure that organisations can use their IT resources efficiently, save costs and ensure the security of their data. Why IT asset management is important IT asset management is important to organisations for a number of reasons. Firstly, it enables companies to keep track of their IT resources
Efficient IT asset management with software solutions Read more »
Software in the property sector refers to specially developed programmes and applications that are used in the property industry. These software solutions are used to support and optimise various aspects of property management. They offer functions such as property management, broker support, financing and valuation processes. Property software is an important part of modern property management and plays a crucial role in increasing efficiency, reducing costs, improving customer satisfaction and decision-making. Why is software in the property sector
Software in the property sector: definition and application Read more »
IFRS 16 Leases is an international accounting standard that governs the accounting treatment of leases. This standard was developed by the International Accounting Standards Board (IASB) and came into force on 1 January 2019. IFRS 16 Leases is of great importance to companies as it changes the way in which leases are recognised in the financial statements. It is therefore important that companies develop an understanding of IFRS 16 Leases in order to recognise the
IFRS 16 Leasing: What you should know about the new regulations Read more »
CAFM software (or computer-aided facility management software) is a digital solution used to manage and optimise building-related activities such as space management, maintenance and asset management. It is used in industries such as healthcare, education and manufacturing to optimise processes, improve efficiency and reduce costs. The functions of CAFM software include providing a centralised platform for managing all building-related data, automating processes, generating reports
Guidelines and considerations when selecting and introducing CAFM software Read more »
