Double entry bookkeeping, your BWA (the standard German monthly management report on your business results) and your Jahresabschluss (the annual financial statements) under HGB, the German Commercial Code, over 95% automated and AI based. You stay in control, mika does the work.
As the managing director of a UG, section 238 HGB (the German Commercial Code) requires you to keep double entry books, and section 242 HGB requires you to draw up a balance sheet and a profit and loss statement every year. With mika that becomes a side issue for you. mika was built from the ground up for German limited companies. As soon as you connect your UG account, the software sets up double entry bookkeeping under HGB automatically, with the right chart of accounts and all mandatory accounts. The AI books automatically every day and keeps your BWA up to date. You can see how your UG is really doing at any time, not months later. Every month mika prepares your Umsatzsteuervoranmeldung (the monthly VAT return) and submits it automatically via ELSTER, the German tax authorities' online portal. At the end of the year the same system generates your complete UG Jahresabschluss: balance sheet, profit and loss statement and notes in line with section 242 ff. HGB, including all mandatory disclosures. Our team of experts reviews it, you sign off as managing director. You are done in February, not in October.
mika analyses your receipts, automatically recognizes errors and deadlines and gives you valuable insights. If necessary, experts are available to answer your questions.
Connect your bank account
To start, you connect your business account to mika through an encrypted bank interface. This usually takes 10 to 15 minutes. In parallel, you set up your legal form (UG or GmbH), your fiscal year and your chart of accounts (SKR03 or SKR04). From this moment on, mika imports all new transactions automatically every day, you don't need to trigger anything manually.
mika books automatically
As soon as transactions come in, the AI starts categorizing them. In your dashboard, you see your BWA, your liquidity overview and all running accounts in real time. Every month, mika automatically prepares your VAT return and submits it via ELSTER. You are notified before every submission and can review the numbers. You always stay in full control.
Your annual financial statements are ready
At the end of the fiscal year, mika automatically generates your complete annual financial statements from your bookkeeping, with balance sheet, profit and loss statement and notes in the legally required form under HGB. Our accounting team reviews the result and gets back to you if anything needs clarifying. You sign off on the statements as managing director.
Mika prepares your bookkeeping, your tax advisor the annual financial statements
/month *
as an alternative to bookkeeping from a tax advisor + accounting software
Mika does your bookkeeping and annual financial statements from
/month *
as an alternative to accounting & annual financial statements from a tax advisor
Mika does your bookkeeping and provides you with a partner tax advisor for the annual financial statements
as a complete alternative to your current tax advisor
* Prices vary depending on the number of expected monthly receipts and transactions. You will receive an individual offer from us.
DATEV and Lexware are primarily built for tax advisors or traditional bookkeepers. mika is built for business owners without a bookkeeping background or prior knowledge, and goes further.
mika creates not just your ongoing bookkeeping, but also your complete annual financial statements, and submits them directly to the Finanzamt (your local tax office). Without a tax advisor.
Not for ongoing bookkeeping, VAT returns or annual financial statements.
For strategic tax questions (for example company restructuring, shareholdings, optimizing a managing director's salary), a tax advisor can still make sense as a consultant, but no longer for the compliance work.
Your data is transmitted encrypted and archived in compliance with GoBD. We meet all legal requirements of the German tax authorities for digital bookkeeping.