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Step by step guide – profit and loss statement in Germany

Written by: Sophia Merzbach

Updated on: March 27, 2024

Reading time: < 1 minute

Many freelancers, Gewerbetreibende (tradespeople) and Kleinunternehmer (small business owners) can use the simple form of bookkeeping to determine their profits. In Germany it's called the Einnahmenüberschussrechnung (EÜR), which stands for profit and loss statement.

Here we will explain how to prepare your Einnahmenüberschussrechnung with Accountable and send it directly to the Finanzamt!

If you want to know more about who can use the Einnahmenüberschussrechnung and what there is to consider, read on here.

Step by step guide: How to create the Einnahmenüberschussrechnung

Sophia Author

Sophia Merzbach

Sophia has been a key member of the Accountable team for many years, bringing a unique blend of journalistic precision and in-depth tax expertise to her work.

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