Hate financial surprises? If you’re freelancing in Germany, keeping up with money stuff can be tough. That’s where Kontist steps in. It simplifies everything financial — from banking to taxes.
Kontist helps keep your finances in line—because freelancers have enough chaos to deal with without adding numbers to the mix! 😂
You’ve got so much on your plate already, and if you’re gonna put more time into managing your finances and taxes, how much more time is that going to eat up? A lot.
Kontist combines a bank account with smart tools. These tools help you see your taxes in real-time and manage your invoices easily. This means no surprises during tax time or cash flow crunches.
Managing multiple clients? Kontist keeps you organized. You’ll know what’s coming in and what’s going out, for personal and work, and when taxes are due.
In this article, I’ll walk you through Kontist’s top features. I’ll share user feedback and pricing too. This will help you see if Kontist is right for you.
Let’s see how Kontist can make money management easier.
Full transparency: I may receive commissions if you click on some of the links in this article, but it won’t cost you a thing! Also, the companies do not pay me to write these reviews. I test the products and services myself, and I support them regardless.
Pros
- Instant Setup: Open an account in minutes.
- Tax Forecasting: Automated tax calculations save headaches.
- Real-Time Transfers: Supports fast transactions
- Digital Wallet Compatibility: Works seamlessly with popular e-wallets like Google Pay and Apple Pay.
- Invoicing Made Simple: You can easily create and send unlimited invoices
- AI Driven Expense Categorization: With the use of AI it automatically sorts your expenses.
- Support in English: Essential for non-German speakers.
Cons
- The desktop version is not as good as the mobile: Kontist is mobile first. The Mobile App works way better than the Desktop version.
- Limited Physical Presence: Considering it is a digital bank, they have no face-to-face service.
- New on the Scene: Still earning its reputation. Though they’re good, they’re still relatively new.
- It becomes costly very soon. I’ve seen some people not being happy about it. (Good for those who use it as a bank.)
While there are a few downsides, Kontist’s offerings make it a powerful ally in managing your finances in Germany.
Table of Contents
- An Overview
- Things I Love
- Three Unique Features
- What Others Are Saying
- Pricing
- Final Thoughts
Kontist Review: An Overview
Kontist is making financial management easy for freelancers and the self-employed in Germany. This platform simplifies everything from banking to taxes, made specifically for those overwhelmed with the complexities of freelance finances of self employed finances.
Its unique platform combines essential financial services in one intuitive space. Imagine having a real-time view of your taxes, and easy invoice management—all synced with your bank transactions.
Kontist’s standout feature is its tax forecasting tool, it eliminates surprises that come during the tax season. It calculates your taxes as you earn, updating you instantly on what’s due.
Kontist’s automated expense categorization and invoicing tools save you time and headaches. With these tools, you can spend less time on paperwork and more on what you do best.
For freelancers juggling multiple clients and projects, Kontist provides a financial dashboard that is both comprehensive and easy to use. It’s like having a personal accountant, available 24/7, right from your smartphone or computer.
Moreover, Kontist understands the freelance market’s pulse. It keeps its platform and features aligned with the needs of modern freelancers, offering everything from seamless bank account integration to support for digital wallets.
Kontist is more than just a banking app. It’s a comprehensive financial assistant that simplifies, organizes, and manages your freelance finances, letting you focus on your professional growth while it handles the financial details.
In the sections that follow, I’ll discuss more on how different features of Kontist work to enhance your financial management experience.
Things I Love About Kontist
The first thing that struck me was the ease and speed of setting up my account — it was incredibly straightforward and quick, allowing me to dive into managing my finances without any delays.
What really impresses me is the automated tax forecasting feature. Kontist calculates my estimated taxes in real time, which means I’m prepared when tax season rolls around. This continuous insight into my fiscal responsibilities helps me plan better and stay calm about financial deadlines.
The integration with digital wallets and the ability to perform instant money transfers using Google Pay or Apple Pay has significantly simplified my day-to-day transactions. Whether I’m paying for business expenses or transferring funds, everything happens swiftly, reflecting immediately in my account.
Another highlight is Kontist’s invoicing system. It’s seamlessly integrated, so handling invoices is as easy as checking my bank balance. I can attach invoices and categorize transactions right within the app, This feature not only saves time but also ensures accuracy in my financial records.
Moreover, Kontist’s customer support is available in English, which is a huge relief as it breaks down the language barriers that often complicate financial dealings in Germany. This has saved me countless hours of frustration and misunderstanding, making my financial management smoother and more efficient.
Lastly, the ability to differentiate between personal and business transactions within the same interface is incredibly useful. Kontist allows me to label each transaction as ‘private’ or ‘work,’ which automates much of the groundwork needed for precise tax calculations. This dual functionality enhances my ability to manage both personal and professional finances in a single platform.
All in all, these features have not just streamlined my financial management—they have helped me to focus more on my professional activities with less stress about the administrative side of freelancing. Kontist has indeed been a game-changer in managing my financial life more effectively.
Three Unique Features Of Kontist
Kontist combines unique capabilities that set it apart, especially for freelancers and the self-employed in Germany. Here’s what makes it stand out:
Integrated Financial Management
Kontist offers a seamless mix of banking and tax management all in one place. It’s like having a smart financial hub. This integration means you can manage your income, expenses, and taxes without ever leaving the app. It simplifies your financial life, making it easier to keep everything under control.
Tax Forecasting Tool
One of the standout features of Kontist is its tax forecasting tool. This feature automatically calculates your taxes as you earn, updating in real-time. This means you can see your tax obligations as they accrue, helping you plan your taxes.
Digital Payments Compatibility
Kontist is fully compatible with Google Pay and Apple Pay, making digital payments incredibly easy. Whether you’re paying for work or transferring funds to a friend or family, Kontist has you covered. This compatibility adds so much convenience.
These features make Kontist a powerful tool for financial management. It also supports the modern, mobile lifestyle of freelancers and self-employed individuals in Germany. Whether it’s planning for taxes or paying with a tap, Kontist is designed to make financial management as straightforward as possible.
What Others Are Saying
David Aguirre Hoffmann writes “This banking app has made my life as a freelancer SO MUCH EASIER. I really wish they would’ve started earlier, because it smashed all my nightmarish years with banks that aren’t dedicated to handling business invoices, expenses, taxes etc. And it’s available in English! I’m never leaving them.”
Pricing
Kontist offers a variety of pricing plans designed to fit the different needs of freelancers and self-employed professionals in Germany. Each plan builds on the next, providing increased features and functionality. Here’s a breakdown of what each plan offers and how they’re priced:
Free Plan
The Free Plan is ideal for new freelancers just starting their journey. It offers essential banking features without any cost, perfect for those looking to keep overhead low while establishing their business.
- Free virtual Visa Debit card
- Mobile & web banking app
- 10 free transactions per month
- Create 2 invoices per month
Premium Plan – €9/month plus VAT
The Premium Plan expands on the Free Plan by incorporating advanced tax calculations and enhanced invoicing capabilities, suited for freelancers ready to take their business to the next level.
- Free virtual and physical Visa Debit card
- Automatic calculation of income tax & VAT
- MT940 Datev export
- Unlimited number of invoices per month
- Integration with external bookkeeping tools
Bookkeeping Plan – €29/month plus VAT
The Bookkeeping Plan is suited for freelancers who require detailed financial tracking and reporting. It includes everything from the Premium Plan plus additional features to manage complex accounting needs efficiently.
- Unlimited free transactions
- Advanced VAT return (Umsatzsteuervoranmeldung)
- Business evaluation (Betriebswirtschaftliche Auswertung)
- Manually add external transactions
- Unlimited categorization of transactions with AI
- Business assets handling
Complete Plan – €79/month plus VAT
The Complete Plan is the most comprehensive, providing complete financial management tools for freelancers who need full control over their finances. This plan is perfect for those looking to streamline every aspect of their financial operations.
- Includes all features from previous plans
- Comprehensive profit and loss statements
- Detailed VAT return
- Trade tax return filling
These plans are structured to help you whether you’re freelancing or running a full-scale business, there’s an option that fits your needs. You can start with the basics and scale up as your business grows.
Final Thoughts
Kontist has changed how I manage my finances. It merges banking, invoicing, and tax management into a streamlined experience that is invaluable for freelancers and the self-employed in Germany.
The platform’s intuitive features, like real-time tax forecasting and AI-driven transaction categorization, simplify what was once a complicated part of my daily routine. Kontist saves my time and ensures I stay on top of my financial obligations with minimal effort. It’s like having a personal accountant, available anytime I need.
Moreover, Kontist’s support for digital payments and its ability to integrate seamlessly with external tools make it very convenient. I’ve found it incredibly effective for keeping my financial health in check, which allows me to focus more on growing my business and less on administrative tasks.
If you’re looking for a tool that supports your financial independence while making daily operations smoother, Kontist is definitely worth considering.