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When Sofia Nielsen started her jewelry business, Philosophia Studio, her focus was on jewelry, design, and quality. Not accounting, VAT, and that sort of thing.
She was unsure about when and how to tackle that side of running a limited company.
Now she uses Reportability to prepare her company's annual report and file with the tax authorities, and she finds it so easy that she was initially sure she had forgotten something.
A solution that requires minimal effort and leaves time to run your business
Following a recommendation from her network, she looked into Reportability’s tool for generating annual reports and filing with the tax authorities. She was worried it would be a big, time-consuming task involving manual data entry, but the integration with her bookkeeping system meant she was well on her way to generating the annual report with just a few clicks.
"It was actually so easy that I was sure I had forgotten something. It couldn't be right, but it was," says Sofia Nielsen.
It’s worth the money
As an entrepreneur, Sofia Nielsen is used to learning new things and solving problems. She is happy to have found a solution that enables her to handle the annual accounts herself. She explains:
"Yes, it costs money, but it is definitely worth it when I can prepare an annual report so quickly with Reportability. It requires minimal effort on my part since I have their solution, which integrates the systems, and I’m confident that it’s correct."
For Sofia Nielsen, keeping track of the company's finances is a constant priority. She is pleased that she now has a solution that makes accounting easy and manageable.
"Of course, you have to keep track of your receipts and so on, but once you’ve done that, it’s really easy with Reportability’s solution. It’s a great tool for entrepreneurs like me who want to have control over their finances but don’t have the time or desire to spend many hours and money on accounting," she says.
Recommending to other entrepreneurs
In her interactions with Reportability, Sofia Nielsen experienced openness and a personal touch:
"I prefer to spend my time on product development for my waterproof jewelry. Therefore, it was positive to discover that I can quickly and easily prepare the annual report for my company myself with Reportability. I also know that I can get help via support if I need it."
She recommends Reportability’s tool to other entrepreneurs who want an easy and fast solution for generating annual reports and filing with the tax authorities:
"It’s a great choice for entrepreneurs who want to save time and money on administrative tasks. It’s a user-friendly system that is easy to get started with," she says.