Which annual report service should I choose?
Partnerships, limited companies, or economic associations. If you operate one of these business forms, you must, according to the Annual Reports Act, prepare an annual report each year to be submitted to Companies House. An annual report includes a management report, income statement, balance sheet, and notes if applicable. Before you prepare a financial statement or annual report, you should inform yourself about the type of regulations you need to follow. For most smaller companies, the K2 regulations apply, while larger companies are governed by the K3 regulations.
So how do you feel about preparing an annual report? Nowadays, there are several online services that simplify the entire process. The services and templates are often completely cloud-based, meaning you can access your annual report from anywhere, and you don't have to worry about backups. Many offer easy login with Bank-ID, allowing you to fill in the details for your annual report, financial statement, and/or income tax return step by step. Since spring 2018, it has been possible to submit your annual report digitally, which means you can avoid the hassle of paper and envelopes. The advantages of choosing a service that helps you with your annual report are that you minimize the risk of errors, and you can also get assistance in filling in all the details correctly.
BusinessWith lists the services and templates available for both small and large companies. Feel free to compare with us to find the solution that suits you and your business form best before making your choice. With us, you can easily sort and filter by the features you desire when seeking help to prepare your annual report. Compare and choose – directly with BusinessWith.
Quick Guide
Quick Guide
What should I know about annual report services?
Do terms like audit report and income statement give you a headache as each financial year comes to a close? Why not get help from a service that assists you with financial statements, annual reports, and income tax returns? Today, there are several different services and templates on the market that facilitate this process and minimize the risk of calculation errors. Here, you can often get direct support if you get stuck, which is a significant advantage. If you feel you need support, choose a service that promises personal support and a template or service that is educational.
For those of you with more experience and larger companies, you may need to opt for a more advanced solution with, for example, qualified advice as an additional service. Remember to consider your business form when choosing a service. A smaller limited company governed by the K2 regulations should not pay for more than it uses. Large limited companies with many employees may require a more complex solution. Online services today replace what your accountant would otherwise do – and automate large parts of your annual report. Another significant advantage is that the annual report, financial statement, or bookkeeping is accessible in the cloud. In many cases, the services also have an app, making it even easier to access what you need, wherever you are.
Tailored or one size fits all? Depending on your company's size and complexity requirements, you should consider whether you need a tailored solution or if a simple template will suffice. Take the time to compare and book demos before making your final choice. The right path to the best annual report service for your company can be found directly with BusinessWith. We list the various services available on the market and make it easier for you to choose the right one.
Description of product features
Advice
Audit report
Automatic calculations
Digital submission
e-signing
Financial statements and declarations
Ready-made accounting templates
Reports