Updated online accounting service for entrepreneurs now available on VTB Business Platform

With the help of the service, entrepreneurs will be able to calculate and pay all mandatory taxes and fees on time, generate and send tax returns to the Federal Tax Service, and maintain personnel records directly in the online bank for business. All reporting on the company and employees is now stored in the personal account. With an active subscription to the service, the client can download any tax report or documents on the company and employees from the archive. Clients also have access to accounting recovery, consultations with specialists on reducing tax payments and other issues. The service can serve as a full-fledged alternative to an accountant or help him solve additional tasks.

"VTB helps entrepreneurs optimize routine processes by actively developing an ecosystem of non-financial services for business. We have carried out large-scale work to update our own solution for maintaining accounting and personnel records. To use the service, you do not need to download additional applications and install third-party programs – everything is available in the online bank of the VTB Business Platform. The updated solution will help clients significantly reduce the costs of attracting external specialists and save time and effort on self-accounting," says Spartak Solonin, Head of the Corporate Digital Business Department – Senior Vice President of VTB.

The "VTB Accounting for Business" service is available to registered users of the Business Platform VTB online bank in the "Products and Services" section. Tariffs are transparent for clients and do not contain hidden payments and commissions. The subscription price depends on the taxation system and the company's turnover: there are eight tariffs for individual entrepreneurs and 12 for LLCs. Clients can purchase a subscription for 6 or 12 months, with a 20% discount provided when purchasing an annual service.