THE BUSINESS AND THE BOOKS — CONNECTED
From day-to-day operations to a clear financial picture.
Cove brings together your financial information, the bookkeeping and the tax deadlines. Work with organized documents and see the results and the obligations ahead.
- Less routine bookkeeping
- Reports with no manual assembly
- A calendar set by your tax profile
Everything you need. In one workflow.
A chart of accounts for your business
Activate a ready chart of accounts from a few questions about your business, or import your own — and add accounts and sub-accounts as you need them.
Automatic posting
Cove drafts the entries from every document and bank transaction by your posting rules — you review and post them.
Detailed accounting reports
The trial balance, the general ledger by account and by counterparty, the chronological and the analytical register — from the posted entries.
VAT settlement
The amount to pay or to reclaim for every period — with its deadline, the payment to НАП and its place in the cash-flow forecast.
VAT journals and returns
The journals, the VAT return and the VIES return are filled in from your documents in НАП's format, with checks that stop a faulty file.
Financial statements
The balance sheet, the income statement, the cash-flow statement and the statement of changes in equity, with the annual accounts as a PDF — and from the Business Pro plan the tables of the annual report for НСИ.
Rights and roles
Invite colleagues and your accountant with a ready-made role — and from the Business Pro plan with custom rights for each person.
Dividend distribution
Cove works out the withholding tax for every recipient, drafts the entry and reminds you of the deadline to pay it and to file form 4001.
Tax deadlines that fit your business.
Your tax profile decides which filing deadlines apply. Cove marks them in the calendar and sends you reminders in Cove and by email — 14, 7 and 3 days before the deadline, on the day and after it, so you can plan the work in time.
FINANCIAL STATEMENTS
The year — closed from the same books
The balance sheet and the income statement come from the posted entries for any period, and at the end of the year Cove closes the books and carries the result forward.
Balance sheet and income statement for any period
The two statements side by side — for a period you choose or the previous year.
Annual accounts as a PDF
The annual financial statements — downloaded as a PDF, from the same data as the reports.
Closing and carrying the result forward
You close the year and carry the result forward — and reopen it if you need to.
Clear steps. Connected data.
- Step 1
Set up the chart of accounts
Pick a ready one or load your own — from Excel, PDF or your previous program's SAF-T file.
- Step 2
Enter the opening balances
Name the month you start in Cove and load the trial balance from your previous program.
- Step 3
Work with connected data
Documents are posted and reach the reports, the returns and the statements.
VAT
The VAT return — from the documents to the file for НАП
For every month Cove fills in the purchase and sales journals, the VAT return and the VIES return, and prepares them as files for the НАП portal, where you file them with your qualified electronic signature.
Checks before the download
Errors that would make НАП refuse a file block the download until you fix them.
Journals you can edit row by row
You correct a row in a journal, and a locked period stays as it was.
The books and the return — one figure
Once the period is locked, Cove drafts its closing entry from the return's own cells.