How does bookkeeping work at Corosar?
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Receipts are uploaded to Drive — no paper chaos or headaches.
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We take care of your bookkeeping and official filings on your behalf.
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You will receive a clear report of the work completed and your VAT filings.
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We notify you well in advance about important deadlines so nothing is missed.
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FAQ - Sole trader bookkeeping
If you only have a small number of receipts (for example, fewer than 20 per month), the smaller package is usually sufficient. Its price is €59 / month, and it is particularly suitable for independent professionals whose invoicing and expense structure are simple and straightforward.
If you accumulate more receipts — for example in product or service production — the larger package is often the better choice. For businesses with many purchase invoices, receipts, and expenses, the €99 / month package includes up to 50 receipts per month and provides a clear overview of costs without surprises.
Yes, a sole trader must keep bookkeeping in accordance with the Accounting Act. For most sole traders, single-entry bookkeeping is sufficient, where income and expenses are recorded on a cash basis. However, the bookkeeping must still be up to date and correctly maintained, for example for the annual tax return.
Single-entry bookkeeping is sufficient when a sole trader is not required to prepare financial statements and the business remains relatively small in scale.
This is the most common form of bookkeeping for solo entrepreneurs who do not have significant assets or liabilities and who do not meet the criteria for financial statements under the Accounting Act.
Read more on the Vero.fi website.
Yes, you can, but it requires accuracy and some understanding of the basics of bookkeeping as well as the requirements of tax returns. Today there are many do-it-yourself tools available, but without deeper knowledge of bookkeeping and taxation, entrepreneurs may unintentionally make interpretation errors that can lead to unpleasant consequences.
Many entrepreneurs choose to outsource their bookkeeping to a professional to save time and avoid mistakes that could result in requests for additional information, late filing penalties, or even more serious consequences.
Usually not. A typical sole trader is not required to prepare financial statements unless the business grows significantly and exceeds the thresholds defined in the Accounting Act.
However, when submitting the tax return, a summary of the company’s income, expenses, assets, and liabilities must be provided, for example in the form of an income statement and a balance sheet.
The price of bookkeeping depends somewhat on the industry and workload. For independent professionals, we offer bookkeeping starting from €59 / month. For production-oriented businesses, which often involve more tracking and entries, the price starts from €99 / month.
The price includes reminders and monitoring, receipt processing, bookkeeping, VAT calculations, preparation of the tax return, official filings, YEL guidance, and a personal feedback discussion — in other words, everything needed to manage sole trader bookkeeping in accordance with statutory requirements and to continuously improve financial processes.
The price is fixed and includes no hidden fees. Compare the packages here.
Sole trader bookkeeping includes everything you need to meet statutory obligations, monitor your finances, and more. In practice, bookkeeping means recording income and expenses in single-entry or double-entry bookkeeping, submitting monthly or quarterly VAT returns, preparing the annual tax return, and delivering official reports on time.
At Corosar, we also make sure that your YEL matters are in order and that you receive advice on developing your company’s finances whenever you need it — and whenever we identify opportunities for improvement. Bookkeeping is not just a legal obligation; it is an important part of managing your business and planning for the future.
Bookkeeping on time and without chaos
You don’t have to remember everything yourself or worry about deadlines. We remind you of important matters well in advance so nothing slips through the cracks.
You can upload your receipts directly to the shared Drive — no more paper chaos or end-of-the-month panic. With us, sole trader bookkeeping is handled smoothly, clearly, and on time.
We’re always close at hand
The longer we work together, the better we get to know your business. This allows us to offer advice, tips, and improvement suggestions tailored specifically to you, helping you manage your sole trader finances more effectively.
If you’ve ever wondered whether you should handle your bookkeeping yourself or outsource it, you can be sure that with us you’ll get the right level of support.
YEL, VAT and taxes — under control
We take care of your sole trader tax returns, VAT filings, official reports, and YEL arrangements on your behalf. We make sure everything is handled correctly and on time — and that you don’t pay more than necessary.
If something is unclear, you’ll get a quick and clear answer from us. You’re not left on your own.
Easy and free transition
You can transfer your bookkeeping to us at any time, even in the middle of the financial year. We take care of the transition smoothly and without interruptions.