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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 Mercury Books?

Mercury Books presents a fully integrated double-entry accounting software through a Mercury account, which effectively combines banking and bookkeeping to maintain comprehensive, current, and accurate financial records. This software automatically monitors activities across multiple Mercury services, including banking, cards, invoicing, and bill payments, efficiently categorizing transactions and reconciling accounts in real time, eliminating the necessity for manual data handling. Users can choose between cash and accrual accounting methods, enabling them to easily create vital financial reports such as profit and loss statements, cash flow statements, and balance sheets that reflect real-time data. Moreover, businesses have the capability to connect external bank accounts, credit cards, and various platforms like Stripe, PayPal, and Gusto, providing an enriched financial overview. Powered by Command AI, Mercury Books features a smart interface that allows users to ask questions about their spending habits, trends, and general ledger codes based on their account information. In addition, it simplifies a range of accounting tasks, including the creation of journal entries, organizing the chart of accounts, and efficiently sorting transactions. This forward-thinking solution not only optimizes financial management but also equips businesses with the necessary tools to make swift, informed decisions, ultimately enhancing their overall operational efficiency.

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Integrations Supported

Mercury
Monk

Integrations Supported

Mercury
Monk

API Availability

Has API

API Availability

Has API

Pricing Information

€29/month
Free Version
Free Trial Offered?

Pricing Information

$29.90 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Volk Accountant

Date Founded

2026

Company Location

Cyprus

Company Website

volkaccountant.com

Company Facts

Organization Name

Mercury.com

Date Founded

2017

Company Location

United States

Company Website

mercury.com/books

Categories and Features

Categories and Features

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