OREANDA-NEWS. PrivatBank has launched a new free service - Online Accounting which allows corporate clients to cut down their accounting costs. Users of Internet-banking system Privat24 will be able to automatize bookkeeping and tax accounting, sending reports without additional costs for extra software and consultants. For entrepreneurs and small businesses the new service allows perform bookkeeping even without professional accountants and sending reports directly to the Ministry of Finance, the State Pension Fund and the State Statistics Committee.

“Online Accounting” allows our customers to carry out about 80% accounting operations needed for an ordinary enterprise and also to obtain online accounting and tax consultations completely free of charge,” - says Roman Leleko, Head of PrivatBank Project “Online Accounting” - In course of further development there will be added new facilities such as stock recording, import from 1C accounting system, sending reports to all state institutions, sector decisions etc.”

Today “cloud” accounting service allows users of Privat24 for business to keep records and to compile reports without an accountant, to monitor tax payments and sending reports, to make up payment calendar of transactions with their counterparties. In addition, using “Online Accounting” you can process sales documents, form online invoices and the complete list of accounting documents, to control the retailers etc.

“Online Accounting” and the “client-bank” system work in the same window so you don't need to import bank statements. The service is available free of charge for any client of the bank anywhere in Ukraine and worldwide via Internet. Accounting software is automatically updated in accordance with the laws of Ukraine and daily improved up to the users requests.