What is FreeFinance?
FreeFinance is a comprehensive cloud-based accounting and controlling solution designed for businesses in Austria and Germany. It provides fully compliant double-entry bookkeeping, seamlessly integrates with leading tax platforms like FinanzOnline and ELSTER, and offers AI-powered invoice processing to streamline data entry. The software is immediately accessible via any web browser, ensuring financial data is always up-to-date and available from anywhere. With robust security measures including GDPR-compliant data encryption, FreeFinance enables secure collaboration with tax advisors and supports integrations with existing business systems. Additional features include a customizable invoice designer, online POS cash register, asset management, travel expense tracking, and detailed financial analyses.
Features
- AI-Powered Invoice Processing: Automates data entry for invoices using artificial intelligence.
- Regulatory-Compliant Bookkeeping: Fully compliant double-entry bookkeeping meeting local requirements.
- Seamless Tax Authority Integration: Direct connections to FinanzOnline (Austria) and ELSTER (Germany).
- Customizable Invoice Design: Create professional invoices tailored to your brand.
- Online POS Cash Register: Integrated point-of-sale system for retail and hospitality.
- Comprehensive Financial Analyses: Detailed reports and profit & loss statements.
- Secure Cloud Infrastructure: State-of-the-art data centers with GDPR-compliant encryption.
- Multi-Device Accessibility: Works on any device with a web browser, no installation required.
Use Cases
- Managing bookkeeping for small to medium-sized businesses.
- Automating invoice processing and data entry.
- Generating financial reports and balance sheets.
- Integrating with tax authorities for automatic data transmission.
- Collaborating with tax advisors in real-time.
- Handling patient data securely for healthcare professionals.
FAQs
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What are the benefits of an accounting program?
Modern accounting software is crucial for staying up to date with bookkeeping and digital business organization. FreeFinance gives you instant access to all company data from anywhere, ensures full regulatory compliance, and securely stores your data in state-of-the-art facilities. This means you save time, reduce costs, and gain full control over your business finances. -
Is FreeFinance suitable for larger companies?
Absolutely. FreeFinance is designed as a comprehensive business solution, offering fully compliant cloud accounting that adapts to your needs. It provides everything from invoicing with integrated dunning procedures to detailed financial reports, ensuring you never lose track of your business performance. -
Is FreeFinance compatible with mobile devices?
Yes, our platform works on any device with a web browser—whether you’re using Windows, Mac, Linux, iOS, Android, or any other system. No installations are required, and the software is always up-to-date. -
Can I manage previous financial years with FreeFinance?
Yes. With an active subscription, you can enter and manage financial years from previous periods without any additional fees. -
Can I generate a balance sheet with FreeFinance?
Our double-entry bookkeeping system supports creating profit & loss statements and preliminary balance sheets based on your financial data.
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