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Accounting for you as
Retailer

Discover a new dimension in accounting with Seewara, customised for you as a Retailer 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.

Basic knowledge
Retailer
Occupational groups

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 Retailer?

A merchant is a person or company that buys and sells goods or services. The main tasks and responsibilities of a retailer can vary depending on the industry and business model, but typically include

  1. Sourcing: Merchants procure products from manufacturers, wholesalers or other sources to expand their product line and serve their customers.
  2. Selling: They sell products or services to end consumers or other businesses, often through the use of sales strategies and techniques.
  3. Market research: Retailers conduct market research to analyse trends, customer needs and competitive conditions in order to optimise their sales strategies.
  4. Pricing: They set prices for their goods or services in order to remain competitive and make a profit.
  5. Stock management: Retailers are responsible for managing their inventory, including monitoring stock levels, reordering products and organising stockrooms.
  6. Customer service: They provide customer service to answer questions, solve problems and ensure customer satisfaction.
  7. Marketing: Retailers develop and implement marketing strategies to promote their products or services and attract new customers.
  8. Contract Negotiations: They negotiate with suppliers to obtain favourable terms and prices for the procurement of goods.
  9. Payment processing: Merchants are responsible for processing payments, managing invoices and handling returns and complaints.
  10. Financial management: They monitor their finances, draw up budgets and analyse the economic performance of the company.

Traders can work in a variety of sectors, including retail, wholesale, e-commerce, import and export trade and specialised trading companies. Their role is critical to the flow of goods in the economy and the provision of products to consumers and businesses.

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For better readability, we use the generic masculine.
The personal designations used throughout our range of products and services refer to all genders unless otherwise indicated.
For better readability, we use the generic masculine. The personal designations used throughout our range of products and services refer to all genders unless otherwise indicated.