Fortunately, preparing an annual report doesn't have to break the bank.

Many small companies can now prepare and file their annual reports themselves using digital tools. This can be a cheaper alternative to the traditional process involving an accountant.

What determines the price?

The price of an annual report depends largely on how you choose to have it prepared.

As a company owner, you typically have three options:

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1. Let an accountant handle the entire process

The accountant takes care of reviewing the accounts, preparing the annual report, and filing it. This is often the most convenient solution, but also the most expensive.

2. Do it all yourself

You can handle your bookkeeping in your accounting software and subsequently prepare and file the annual report via the Danish Business Authority's Regnskab Basis. This is usually the cheapest solution, but it requires that you have the necessary knowledge and time yourself.

3. Use a digital tool

You can handle the bookkeeping yourself and then use a tool that automatically formats the annual report and guides you through the process. This gives you a solution that is typically cheaper than an accountant, but at the same time much simpler than preparing the annual report entirely on your own.

How do you keep costs down?

You can often save both time and money by:

• keeping your bookkeeping up to date throughout the year
• reconciling your accounts on an ongoing basis
• gathering all necessary receipts and documents before the annual report is prepared
• choosing a solution where you only pay for the help you actually need

Get your annual report done without the high costs

Reportability is designed for business owners who want a simple and affordable way to prepare their annual report and corporate tax return.

With Reportability, you get:

• A complete annual report, ready for filing.
• A calculation of your corporate tax based on your bookkeeping figures.
• Access to online support if you have questions about your accounts, tax, or filing.
• A solution that saves both time and money compared to the traditional process.

In short

The most cost-effective solution is often one where your bookkeeping is already in order, and you handle the annual report yourself using a digital tool.

This way, you can reduce costs without compromising the quality of your annual report and filing.