Luka
NiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedLukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedYou send invoices to mika as soon as they arrive: through Gmail, a scan, an upload or by forwarding them. If one looks like fraud, mika warns you shortly after, which means before you pay: right at the top of your task list and by email.
LukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedHow it works
First the warning. Then you decide.
Letters like this arrive after you set up your company and after changes in the Handelsregister, the German commercial register. For your agency, it's the move to new offices: a few days after the new entry, a Kostenrechnung, a bill for fees, arrives in the post.
Submitted
The sender is a “Zentralstelle für Registereintragungen GmbH”, which sounds like a central registry office. The letter demands €892.50, payable within three working days. She sends the scan to mika, like any other receipt.
At the top
It's a todo, an open task in mika, called “Possible fraud”.
The reasons
The todo gives one sentence for each sign. The IBAN is Spanish, but a German register court, the court that keeps the Handelsregister, only uses German accounts. The name sounds like an authority, but the sender is a private GmbH, a German limited company. Below that is the advice: don't pay yet, and check with the sender through a contact you already know.
Notified
You click “Check the invoice in mika” and you're in the todo. You don't pay. The €892.50 stays where it is.
Another example: your supplier sends its invoice as usual, but the IBAN suddenly points to an account abroad. mika warns you then too. To do this, mika uses AI to read the whole text of the invoice and compares it with the sender's earlier invoices and with known fraud patterns, a collection that keeps growing.
LukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedThanks to this automation, my day-to-day admin effort tends towards zero.
Bookkeeping can be this simple. Just forward every invoice to Mika and spend five minutes once a week checking that everything is right.
Thank God there is mika. For about a year now our entire financial accounting has run through it, without me as a founder having to put much time into it.
Jan-Mika Schmahl
Managing Director, DWMS GmbH
It's really fun to see how the to-dos are getting less and what you've achieved.
Mika prepares your bookkeeping, your tax advisor the annual financial statements
from
/month *
LukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedas an alternative to bookkeeping from a tax advisor + accounting software
Mika does your bookkeeping and annual financial statements
from
/month *
LukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedas 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
LukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attachedas 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.
Cost comparison
Work out with your own figures what mika costs and what a traditional tax firm costs.
What's in the Handelsregister, the German commercial register, is public: company name, address, managing directors. So shortly after you set up your company or change an entry, letters arrive that look like a bill for fees from the court. The deadline is short, a dunning fee is threatened, and the account doesn't belong to the courts. mika knows this scam. If you send a letter like that to mika as soon as it arrives, mika warns you shortly after, which means before you pay.
mika reads every invoice in full: sender, address, IBAN, amount, deadlines and text. Then mika compares it with a collection of fraud patterns that keeps growing, and with the invoices the same supplier has sent you before. If mika finds signs of fraud, the todo tells you what doesn't fit, one sentence per sign.
The todo tells you what you can do now: don't pay the invoice yet, and check with the sender through a contact you already know. For example, the phone number on the official website of the court or supplier, not the details on the invoice itself. Whether you pay is your decision.
In the todo, click “Overrule” to dismiss the warning and add a short note on why. The warning is done, and mika won't warn you about this invoice again.
No. Fraud detection is on for every company in mika.
LukaNiklasAn expert from our team shows you mika liveA live demo, tailored to your companyYour questions on bookkeeping and German paperwork answered on the spot15 minutes on a video call, free and with no strings attached