Intangible assets, IP, fast growth.
For an IT or software company, most of the value lies in intangible assets, intellectual property and continuous development. The hardest accounting tasks therefore concern not traditional assets but research and development (R&D) spending, capitalising software and handling international licence fees. This calls for a financial partner that understands how a technology company works.
We keep up to date with the tax allowances linked to software development, the handling of intellectual property (IP) rights and the international VAT rules for digital services. We handle multi-currency invoicing, daily exchange-rate differences and services to foreign clients – often subject to reverse charge – accurately and in line with international rules.
Fast-growing (scale-up) companies and start-ups preparing to raise capital run their finances very differently from a traditional SME. Investors (venture-capital funds, angel investors) expect reporting to international standards, the burn rate has to be monitored continuously and business plans updated regularly – all of which requires a reliable financial back office.
Back to industriesThese are the points we pay particular attention to when keeping the books of clients in this sector.
Capitalising and depreciating software development and intellectual property
Mapping R&D-related tax allowances
VAT and tax treatment of foreign clients and service exports
Investor reports, planning and cash-flow forecasts for growing companies
Request a quote and we’ll tailor the accounting to your sector’s specifics.
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