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Who can use the wFirma program?

wFirma offers comprehensive accounting and business management support for virtually any type of enterprise, from self-employed individuals to corporations. The system includes not only accounting software but also invoicing software. Importantly, wFirma keeps up to date with Polish regulations, which change so rapidly that it’s hard to keep track of them. This includes changes resulting from the so-called Polish Order. It also participates in consultations organized by the Ministry of Finance.

Digitalization is accelerating

Moore’s Law states that computer processing power doubles every two years. As a result, the number of applications for which we can use computers is growing. The capabilities that a decent laptop offered ten years ago are now available in a smartphone. Devices with lower capabilities are disappearing from the market. It’s no longer possible to find a USB flash drive with a capacity of two, four, or eight gigabytes. USB flash drives with a capacity of one terabyte are now available. 

Given that we have access to ever-increasing computing power, the solutions available to make our lives easier can become increasingly sophisticated. This also applies to systems that facilitate business operations: accounting software, invoicing software, HR software, warehouse management software, and so on. 

One such program that offers a comprehensive solution for businesses is wFirma. It is an accounting program that can help manage financial and HR matters and even replace an external firm.

What is wFirma?

The wFirma service allows you to handle your own accounting—at least the simplified version. The system includes invoicing software. Invoices are automatically posted to ledgers and registers. Based on this data, a JPK file is generated.

The system also includes modules for managing HR and inventory. These can be added to the main company profile. The software features an internal chat tool through which customers can get support from experts.

WFirma – Full-Service Accounting

The program allows users to maintain a cash book, VAT records, and revenue records for flat-rate taxpayers. Customers can choose from two packages: sales management or online accounting. 

Users can generate and submit e-declarations and JPK files to tax offices and the Social Insurance Institution (ZUS). A feature is available for quickly posting expenses based on the partner’s details, the amount, and the invoice description. An additional feature that simplifies invoice entry is a system that automatically reads documents from photos or scans. 

The system includes an invoicing program that also allows you to issue bilingual documents.

Companies using simplified accounting will handle all accounting, tax, and Social Insurance Institution (ZUS) filings

The accounting software also allows for integration with banking systems at various levels. With some banks, a large portion of the transactions is processed automatically.

The company plans to make its financial statements available in 2023.

Employee matters

HR and payroll matters within the company can also be managed using the wFirma software. The system is integrated with external software, allowing you to use it to submit Social Insurance Institution (ZUS) declarations and PIT tax returns to the tax office. Employee files, employment contracts, civil law contracts, and payrolls are created and managed in the cloud. This ensures that the client has access to them anytime, anywhere. The software also allows you to generate all necessary HR documents.

Warehouse management software

One of the system's modules is the inventory management program. It enables comprehensive management of inventory operations. Within the program, you can set inventory threshold levels; when these levels are reached, the system automatically places orders for missing products. The program also allows you to analyze purchases and generate reports. 

In summary, wFirma serves as accounting software, invoicing software, and inventory management software. It can also be used to manage HR matters. In other words, it is a useful program for any business.

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