Strong partners: Tidely and lexoffice from Lexware

10 Advantages of lexoffice
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In this article, we introduce you to 10 of the numerous advantages of lexoffice that help free up your time as a business owner.

Advantage 1: The lexoffice Dashboard

You can access an up-to-date overview of your VAT liability, the status of outstanding invoices, and even your account balance in real-time, thanks to the synchronisation with your business account, with just a few clicks. This also ensures you always know how much you should set aside for taxes. The entry point for lexoffice is the practical dashboard:

When you log into the lexoffice app or open the application on your desktop PC, you'll find your most important key figures, such as income and expenses, at a glance—unless you're working on the go and activate private mode. With lexoffice, you can work both on the go and at your desk, wherever you have internet access. In private mode, your data is visible only to you, even in the middle of a café.

Advantage 2: "Automagic" Receipt Booking

The "automagic" AI technology integrated into lexoffice for automatically recognising incoming and outgoing receipts is continuously being developed. It assists you in automatically categorising transactions and reliably identifies the purpose of the receipt using text recognition. You only need to confirm it.

You can record all incoming receipts with lexoffice and the scanning app as soon as the payment is made: for example, scan the receipt directly at the wholesale store or petrol station, check the categorisation suggestion made by lexoffice "automagic," and the receipt is booked. Of course, invoices received via email or download can also be easily and automatically categorised—they are simply uploaded to the application.

Advantage 3: Integrated Online Banking

Since lexoffice allows you to link your business accounts, credit cards, and PayPal with the app, you always benefit from real-time data synchronisation. The integrated online banking feature in lexoffice connects with your business account, or ideally, all business-relevant accounts. Without additional effort, you can always see which amounts are still outstanding. All transactions are automatically categorised, and any necessary transfers can be made directly within lexoffice.

Advantage 4: Notifications and P&L/Income Statement

In addition to legally compliant archiving of your incoming and outgoing receipts and maintaining a valid cash book within lexoffice, you can also fulfil your business obligations comfortably with lexoffice: important tax requirements such as VAT pre-declaration, the summary report, as well as the income statement (EÜR) and the profit and loss statement (P&L) are all comfortably possible at the push of a button with lexoffice. The necessary data is immediately transmitted to the tax office, and if a payment is required, it can also be made immediately within lexoffice.

Advantage 5: lexoffice business account

If you're looking for a different or new business account, you should take a closer look at the lexoffice business account: it offers the perfect integration of accounting and banking at favourable conditions. Opening an account online takes just a few minutes. The banking functions fully integrated into the accounting solution save even more of your valuable time.

Advantage 6: lexoffice is E-Invoice Ready

A special plus: lexoffice is e-invoice ready. If you create your invoices with lexoffice and book incoming receipts, you don't have to worry about complying with the new legal requirements, as the business solution from Lexware takes care of everything: "E" stands for easy.

Advantage 7: lexoffice Payroll

If you want to hire employees, part-time staff, or even mini-jobbers for your business, you'll find it particularly exciting how effortlessly payroll accounting is seamlessly integrated into the rest of your accounting with lexoffice. This even includes the digital provision of payslips for employees, who can easily download their pay documents themselves. Payroll accounting is efficient, certified, and legally compliant, as you would expect from lexoffice.

Advantage 8: Integrated Cash Book

Do you occasionally need a cash book for cash transactions and have been dealing with paper so far? Then you'll be particularly pleased, as with lexoffice, you no longer need to keep a manual cash book but can use the integrated one from lexoffice—it meets all the requirements of the tax office. Cash expenditures and income can be conveniently recorded, categorised, and split.

Advantage 9: Efficient Collaboration with the Tax Office

As a lexoffice user, you'll never have to send receipts back and forth again, whether on paper or digitally. Thanks to the integrated tax advisor access, your tax office can access all data independently of your availability and even export it. The access is free for your tax advisor—you can simply enter your contact's email address in the tax advisor invitation in lexoffice, and the collaboration can start, regardless of location and time. Your tax office can export the data in the desired format. If there are any unexpected teething problems, the lexoffice tax advisor support team will be happy to assist with your collaboration until everything runs smoothly.

Advantage 10: Partner Integrations and API

Particularly exciting: the connection between Tidely and lexoffice is not the only way to enhance your IT environment with additional features. You can also integrate time-tracking solutions, e-commerce tools, payment providers, CRM tools, and many more—just have a look at the over 100 possibilities to integrate lexoffice technology partners at lexoffice.de/partner.

Conclusion: Connecting with lexoffice Takes Your Business to the Next Level

From Tidely integration to the Elster interface to payment reminders with just one click, lexoffice successfully frees up your time every day so you can calmly focus on other matters in your business day. There are so many ways to automate processes and workflows. We explain in more detail the advantages of connecting Tidely and lexoffice in this interview: (link to follow when the interview is available).

About lexoffice by Lexware

lexoffice is the "back protector" from the cloud for all your bookkeeping and optimal everyday organisation needs as a self-employed entrepreneur. As the market leader with now a quarter of a million self-employed customers, the lexoffice business solution offers shop owners high comfort in their daily work: location-independent and mobile working, legally compliant offers and invoices, and delivery notes, as well as document archiving in accordance with GoBD, integrated dunning processes, and dozens of other functions make lexoffice an indispensable app.

Particularly important: you can handle everything yourself—but as soon as you seek professional business advice from a tax office, you can activate free access and comfortably grant your tax advisor access and data export options. You do what comes easy to you—the tax office takes care of the rest and the tax returns. lexoffice is as easy to use as Tidely and just as clearly and intuitively structured.

The combination of these two "back protector" tools will make your life with your own shop easier and more enjoyable. Give it a try: both applications can be tested without obligation.

Start easily with lexoffice - no installation, automatic updates, always up-to-date, and new features every month.

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Learn more about connecting lexoffice to Tidely – it’s that easy:
‍https://www.lexoffice.de/partner/tidely/