Automated securities booking

Booking securities manually is expensive and time-consuming. We automate securities booking and offer DATEV-compliant records that are verified by our partner tax consultants. It is part of our Admin-Service as well as usable for any tax consultant office.

Easily connect your brokerage account

Connect your brokerage account to your RIDE account or give your broker the authority to send the data to us. Once connected, everything is done automatically.

We create the bookings

Our software automatically books each transaction and creates DATEV compatible records for the necessary financial accounting and tax statements. SKR03 and SKR04 possible.

Partner tax advisor

Our partner tax advisors check and verify the bookings. They then use it to do the annual accounting and tax statements for you.

The automatic securities booking software works with the following brokers

as of: Feb. 2022

The automated securities booking is the perfect solution for traders who are affected by the change in the law and now want to continue trading via a GmbH!

Frank Konewka

Steuerberater und Trader

Automated securities booking makes accounting and preparing financial statements and tax returns easier than ever.

Stephanie Müller

Steuerberaterin und Familiy Officer

For details please see below.

How it works

This is how it works:

1. The client tax advisor signs a contract with a RIDE partner tax advisor.

2.The company (client) gets a RIDE account and connects his brokerage account there.

3.RIDE imports all brokerage data and creates daily preliminary files:

- G/L account descriptions
- Posting batch "current accounting"

After the end of the fiscal year, the following final files are verified and provided by the partner tax advisor:

- Closing entries
- Closing entries "tax balance sheet only"
- Closing entries "commercial balance sheet only"
- Asset overview

All files are ASCII files that can be imported into DATEV with a few clicks.

4.The tax consultant can download preliminary accounting files (beginning of the fiscal year until yesterday)* in the RIDE tax consultant account at any time.

5. The annual files are imported and verified by the partner tax consultant in DATEV.

6. After the verification, the partner tax advisor provides the data to the client tax advisor. The RIDE partner tax advisor is liable.

7. The client tax advisor now imports the accounting data into his DATEV account. He has no extra effort and does not have to check them again.

8. The client tax advisor prepares the financial statements and tax returns for his client as before.

9. The partner tax advisor is available for queries in case of possible tax audits and, if necessary, also communicates directly with the tax office.

*depending on the broker used.

Questions & Answers

Why RIDE?

RIDE is the first FinTech to focus on real returns, after taxes and costs. We help our clients structure their assets intelligently, so they can invest more and consume more on net.

What is low-tax investing?

Wealth accumulation is prevented by high taxes. We make tax-optimised investing possible for you by means of an asset-managing limited liability company. Save taxes on shares, forward transactions or real estate. The limited liability company construct allows you to reinvest more and build up assets more quickly.

Which assets can be worthwhile in a GmbH?

Shares, forward transactions - such as options, futures, CFDs - or real estate. Company shareholdings are also treated favourably from a tax perspective. You pay only 1.54% on profits instead of 26.38% on private assets.

What are the financial advantages of a limited liability company?

A GmbH is taxed on profits, not on income, as is the case with private assets. Due to the low tax burden on assets, you can reinvest more capital. Various costs related to the generation of income can be shifted to the GmbH. The costs are thus paid from untaxed money.

What services/products does RIDE offer?

We offer GmbH founding, GmbH support and automated securities booking. Thus, we support you in the formation and administration of your GmbH in cooperation with specialised tax advisors. We also offer a free business account for RIDE customers.

Can you advise me individually on tax law?

RIDE is prohibited from providing individual tax advice because we are not tax advisors. We can only pass on information. However, we work very closely with qualified tax advisors who can provide individual, tax advice. Additional costs are incurred here.

What can I ask for in a free consultation?

In your free and non-binding consultation, you will find out everything you want to know about setting up or managing your GmbH with RIDE. If necessary, our experts will discuss whether an asset-managing GmbH is worthwhile for you and your assets. Please note: We do not offer individual tax advice.

What is RIDE's expertise?

We combine expertise in the following areas: Tax Optimization, Wealth Structuring, Legal, Software First, Capital Markets, Trading, Real Estate

Automated securities booking

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Advantages at a glance

Easily connect your brokerage account

We create the bookings

Partner tax advisor

The automatic securities booking software works with the following brokers

Frank Konewka

Stephanie Müller

How it works

For details please see below.

How it works

Contact us now and benefit from our automatic securities booking

You trade securities in your GmbH and already have a tax advisor who looks after your GmbH? Send us your contact data, and we will reach out to your tax advisor.

Questions & Answers

Products

For tax advisors

RIDE

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