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What is Volk Accountant?

Volk Accountant is a tailored accounting and invoicing platform specifically crafted for businesses operating in Cyprus, overseen by Volk Web Ltd, a limited liability company based in Paphos. The software is meticulously designed to prioritize compliance with Cypriot regulations, rather than merely considering it an afterthought. It adeptly handles a 19% VAT rate along with adjustable rates, such as the 3% super-reduced rate, facilitates reverse charge calculations for individual line items, provides figures for VAT-4 returns, and generates the monthly VIES statement—all accessible from the economical €29 Starter plan without necessitating an upgrade. Every subscription tier grants users unlimited invoicing and quoting capabilities, support for various currencies, and, beginning at the Business plan level, automatic translation of invoice line items to ensure clients view their preferred language while tax authorities receive documentation in English. Furthermore, users can easily capture receipts by taking photos with their mobile devices, which are then processed using OCR technology, while payments made through Stripe are reconciled automatically. Additionally, all plans come with a free dedicated portal for accountants or bookkeepers, designed after the Cyprus Tax For All portal, providing read access and the ability to export data in PDF, Excel, and JSON formats. This feature enhances collaboration and streamlines the accounting process for businesses and their financial advisors alike, making it an invaluable resource for efficient financial management.

What is Accounts Draft?

Accounts Draft is an innovative online AI toolkit designed specifically for accountants, bookkeepers, and firms in the accounting sector. This platform boasts an array of features, such as converting PDF bank statements into Excel files, categorizing transactions into suitable accounting classifications, and efficiently generating trial balance data. Additionally, it allows users to extract information from invoices, compare draft accounts with prior year financials, and create audit working papers by selecting transactions and linking them to the corresponding supporting invoices. The platform also streamlines client operations by enabling the creation of onboarding packages that include KYC checklists, AML risk assessments, identification forms, engagement letters, and professional-clearance letters, all pre-filled with information sourced from Companies House. Beyond these functionalities, the toolkit offers capabilities for preparing fee quotes, generating company-secretarial documents, and filling out HMRC 64-8 authorization forms. Users can download their outputs in a variety of formats, including spreadsheets, Word documents, and PDFs, which facilitates smooth integration into their current accounting workflows. By leveraging Accounts Draft, financial professionals can significantly boost their efficiency and precision in handling their responsibilities, ultimately leading to improved client service and satisfaction. This comprehensive suite of tools ensures that users remain competitive and well-equipped to navigate the complexities of modern accounting tasks.

Media

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Media

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Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

€29/month
Free Trial Offered?

Pricing Information

£0
Free plan: £0, with access to the tools. Professional: £65 per month for unlimited tool usage and all features; includes up to 20 Post Router uses monthly (1,000 letters) and can be cancelled anytime. Team pricing is custom for multiple user seats; volume discounts and dedicated support are available.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Volk Accountant

Date Founded

2026

Company Location

Cyprus

Company Website

volkaccountant.com

Company Facts

Organization Name

Accounts Draft Limited

Date Founded

2025

Company Location

United Kingdom

Company Website

accountsdraft.com

Categories and Features

AI Accounting

Not specified

Categories and Features

Accounting

Not specified

AI Accounting

Not specified

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