You collect now for services delivered later
Accrual and deferral entries exist for exactly this reason, and they must be complete before the period can close.
Technology: recurring revenue still needs monthly accounting
You charge subscriptions, often to overseas clients and through a payment processor. The Andorran books still need monthly double-entry accounting and a complete IGI register.
CustomerMeridian Labs GmbHNRT L-704821-BActivityTechnology and softwareIncome account 705
| Description | IGI | Amount |
|---|---|---|
| Annual software licenses | 4,5 % | 7.400,00 |
| Support and maintenance | 4,5 % | 1.600,00 |
Taxable amount9.000,00
IGI 4,5 %405,00
Total9.405,00 €
Resulting journal entry
- 430Customers9.405,00
- 705Provision of services9.000,00
- 4750Output IGI405,00
Balanced
01
The same three headaches
The accounting problems of a software company in Andorra are not technical—they are about accruals and timing.
Most clients are outside Andorra
Set the IGI treatment and required wording on each line; the period register then keeps the transactions separated.
Processor payouts arrive in batches
Import the statement in the account currency and reconcile each collection with its invoice. AndCompta does not currently automate currency conversion or exchange rates.
Best fit
The modules you will actually use
The ledger is what matters here: recurring revenue must be accrued, and any foreign-currency collection needs an authorised conversion into EUR.
- InvoicingInvoices and credit notes with IGI, numbering by series and immutable PDFs.
- TaxAn entity-specific calendar, IGI registers and figures prepared for Form 900.
- AccountingImmutable double-entry bookkeeping, manual journal entries, period locks and financial statements.
| Account | Debit | Credit |
|---|---|---|
| Customers430 | 1.254,00 | — |
| Service revenue705 | — | 1.200,00 |
| Output IGI · 4.5%4750 | — | 54,00 |
BalancedDebit 1.254,00 · Credit 1.254,00
Period
2026 · Q3Open
03
What you will use every month
You don't have to use everything from day one. These are the modules that carry the bulk of the work in this activity.
Set it up with your own numbers.
Bring in the latest quarter of EUR subscriptions and inspect the accruals.