We keep a digital cash book and offer to customize the contributions for each individual member. Magicline calculates and bills the correct VAT automatically. No matter whether across different locations or for just one single studio - Magicline simplifies accounting and meticulously summarizes all payments and dunning runs so that there are no unpleasant surprises during your next tax audit.
Detailed tax portal ensuring a safe tax audit
In the tax portal, account groups and cash flows are divided into gross and net and the corresponding VAT is clearly displayed. In just one click, the data is exported and prepared for the tax consultant.
We have much more to offer - from accruals and deferrals, lists of individualized reporting dates, to an overview of the various posting periods. With Magicline, studios always have their finances under control and can tackle the tax audit without worries.
