For service firms, accounting focuses on recurring revenue recognition, the optional cash VAT scheme for better cashflow, invoicing intra-EU services, and optimising the tax regime (micro-enterprise vs profit tax). 4conta handles recurring subscriptions, expense reports and timesheet-based invoicing.
Centralize all customer contracts with terms, conditions, and renewal alerts. Full visibility over active commitments. Local setup for România, aligned with e-Factura.
Plan interventions and appointments by availability, location, and priority. Reduce downtime and increase team productivity. Local setup for România, aligned with e-Factura.
Log hours worked by project, customer, and activity. Data automatically feeds invoicing and profitability reports. Local setup for România, aligned with e-Factura.
Track compliance with deadlines and performance indicators from service contracts. Receive alerts before limits are exceeded. Local setup for România, aligned with e-Factura.
Coordinate mobile teams with optimized routes, digital forms, and real-time reporting. Increase efficiency and customer satisfaction. Local setup for România, aligned with e-Factura.
The cash VAT scheme (available below a turnover threshold) defers chargeability of collected VAT until the invoice is actually paid — a real cashflow advantage for services with long payment terms. In exchange, your deduction right is also deferred until you pay supplier invoices.
Intra-EU B2B services follow the place-of-supply-at-customer rule (reverse charge): an invoice without VAT bearing the “reverse charge” note, reported in D390 VIES. Check the client’s VAT number in VIES first; if missing, the transaction may be treated as B2C with Romanian VAT.
The micro regime taxes revenue (at a reduced rate, conditioned on having an employee and a turnover cap), whereas profit tax (16%) applies to profit. For firms with a high share of consulting and management revenue, access to the micro regime has been restricted — the analysis must be done case by case, with the values applicable to the current year.
Transport and accommodation are deductible with supporting documents and a demonstrable business purpose. Domestic per diem is deductible up to a multiple of the legal level for public institutions; above that it becomes salary-assimilated income. Documenting the trip’s purpose is essential during an audit.
