Accounting for you as
Merchant
Discover a new dimension in accounting with Seewara, customised for you as a Merchant with mandatory accounting – without do-it-yourself software and without sole dependence on artificial intelligence.
The good news for you
As a freelancer without a business, you are exempt from the obligation to keep double-entry accounts under the Income Tax Act (EStG), regardless of turnover and profit. The principle of so-called simple bookkeeping applies to you.
Seewara is the best choice for you to have your bookkeeping done by professionals. Find out more about your field of activity and industry here.What you should know
Simple bookkeeping for businesses and the self-employed
Do you understand your accounting requirements? With Seewara, we offer a simple, transparent solution for businesses and the self-employed who want to keep track of their finances.
Who counts as a commercial enterprise?
Commercial enterprises include all companies that do not fall under the category of freelancers according to §18 EStG. This includes, for example, all commercial activities that are not exempt from the accounting obligation by law. Typical commercial enterprises are, for example, trading companies, craft businesses or limited liability companies (e.g. GmbH) that are either voluntarily or legally entered in the commercial register.
Limits for simple bookkeeping
Certain limits apply to commercial enterprises that are not required to keep accounts:
- Turnover limit: 800,000 euros
- Profit limit: 80,000 euros
If your business does not exceed these limits, you can use the simplified income statement (EÜR) instead of complex double-entry bookkeeping.
Self-employed persons according to Section 18 EStG
Self-employed persons who work in one of the catalogue professions are also affected by special regulations. The catalogue professions include, among others:
- Artistic activities
- Scientific activities
- Teaching and writing activities
- Educational activities
These professions are mentioned in the exhaustive list of §18 EStG and are considered to be self-employed regardless of the level of income.
Less bureaucracy, more freedom
Whether you are a tradesperson or self-employed – with our simple accounting solution, you can keep track of everything and save yourself unnecessary bureaucracy. Get in touch with us to customise your bookkeeping to your needs!
What do you actually do as a Merchant?
A merchant is a person who works in commerce and deals with the buying and selling of goods or services. The exact role and tasks of a merchant can vary depending on the industry, company size and specialisation. Here are some of the typical tasks of a merchant:
- Purchasing: Merchants are responsible for the procurement of goods and services. They analyse the market, search for suppliers and negotiate prices and contract terms.
- Sales: They sell products or services to customers, advise them and answer questions about the goods on offer. Customer loyalty and sales techniques are crucial here.
- Customer service: Salespeople maintain contact with existing customers and acquire new customers. They take care of processing orders, complaints and enquiries.
- Marketing: They may be involved in marketing activities to promote products and publicise the company. This may include running promotions and using social media.
- Stock management: Merchants monitor stock levels, plan reorders and ensure that goods are available.
- Financial management: They are often responsible for preparing quotations, invoices and cost estimates and oversee the financial aspects of trading, such as payments and accounting.
- Market research: Merchants analyse market trends, customer needs and competitors in order to make strategic decisions for the company.
- Contract management: They are responsible for creating and managing contracts with suppliers, customers and other business partners.
- Teamwork: Business administrators often work with other departments, such as logistics, customer service and marketing, to ensure the smooth running of the company.
- Training and development: Many merchants are involved in training new employees and keeping up to date with the latest developments in retail and the industry.
Overall, the work of a merchandiser aims to achieve the company’s economic goals through effective management of purchasing, sales and customer relations.