For business owners
Accounting you can actually do yourself.
- A set-up guide that explains each step in plain words
- Invoices, bills and the bank in one place
- VAT, payroll and deadlines prepared from what you've entered
- English and Greek throughout
SumWize by VATCubeAccounting software for Cyprus companies
From paperwork to clear books.
Bring in invoices, bills and bank statements. Check what was read beside the original, and keep double-entry books that are ready for VAT, payroll and year-end.
7-day free trial. No payment is asked for when you create an account.
Already have an account? Sign in
Illustration with made-up figures. A supplier bill arrives. Its supplier, date, net amount of €240.00, VAT at 19% of €45.60 and total of €285.60 are read and marked on the bill. The checks pass: net plus VAT equals the total, the VAT is 19% of the net, and the bill isn't already in the books. In the VAT return for the third quarter, VAT on purchases rises by €45.60 and the net VAT to pay falls by the same amount; the return is ready for review before it is filed, and the journal is posted. An illustration with made-up figures, not a live demo: nothing is read or worked out in your browser.
- PDF imports
- Invoicing
- Supplier bills
- Banking
- Reconciliation
- VAT returns
- VIES
- Payroll
- Social Insurance and GESY
- Corporation tax
- Financial reports
- Year-end close
- Cyprus compliance
- English and Greek
Bookkeeping that shows its working.
Every figure in a report traces back to a journal, and every journal to the document or bank line it came from. You can open any of them, see who did what, and correct it the proper way — so the books stay right, and stay explainable.
- VAT returns and VIES
- Social Insurance, GESY and PAYE
- ECB exchange rates
- English and Greek throughout
Two kinds of people, one set of books
For accountants
The depth a professional expects.
- Several client companies, kept apart, from one sign-in
- Roles, approvals and locked periods
- Corrections by reversal, with a complete audit trail
- Trial balance, VAT control and a year-end checklist
The workflow, end to end
Follow one month through the books.
Scroll sideways through the real screens a month passes through.
Bring the paperwork in
Invoices, bills, receipts and statements, in one import.
Match the bank
Each bank line is offered the invoice or bill it paid.
Run payroll
Social Insurance, GESY and PAYE, calculated and posted.
Keep the deadlines
VAT, payroll and tax dates for your company, in one calendar.
Report the month
Profit and loss, balance sheet and trial balance from the same books.
Invoicing and banking
Send the invoice, see it paid, close the month.
Sales and the bank are the same story told twice. SumWize keeps them in step, so the balance on your statement and the balance in your books agree.
Time back
Get your evenings back
Move the slider to the number of receipts and bills you handle in a month. The AI reads each one and you check it, instead of typing it in.
Time recovered4 ha month
- Keying them in by hand (a month)
- 5.3 h
- AI reads, you check (a month)
- 1.3 h
- Time saved a month
- 4 h
Drawn to scale: a full circle is 33.3 h by hand, at 500 documents a month.
Time saved over a year
Estimate48 h
4 h a month, over twelve months.
How this is worked out
Assumes about 4 minutes to key in a document by hand and about 1 minute to check one the AI has read. Your figures will differ: documents vary, and some need more checking.
VAT, payroll, tax and reporting
The serious parts, prepared from the same books.
Returns and reports are worked out from the journals, with every rate taken from a dated catalogue that records its source and whether it has been confirmed.
- VAT
- Returns prepared from the books for each period, VIES listings, reverse charge, and a VAT control report to check them against the books.
- Payroll
- Monthly payroll with Social Insurance, GESY and PAYE, payslips as PDF, approval before posting, and the employer's annual return prepared.
- Tax and deadlines
- Corporate tax worked out from the books, personal tax for owners, and a calendar of key deadlines, each with its source, with reminders before each one.
- Reporting
- Profit and loss, balance sheet, trial balance, ageing and a cash forecast, by period, with PDF and spreadsheet exports.
SumWize prepares returns and the figures behind them. You or your accountant review them and submit them through the official portals.
Security and privacy
Careful with your data, and clear about its limits.
- Two-step sign-in
- An authenticator code when you sign in, with recovery codes that only you keep.
- Separated by company
- The database itself refuses to show one company's records to another.
- Nothing left behind
- Signing out clears what was on screen, so the back button can't bring it back.
- Sensitive fields encrypted
- Sign-in secrets are encrypted before they're stored.
What it doesn't do
- It doesn't file returns for you. You stay the one who submits.
- It doesn't connect to your bank. You import statements you've downloaded.
- It doesn't send your documents to outside AI services unless your company's owner switches AI on.
What it saves
Keep the routine bookkeeping in-house in 2026
Recording bills, sales and bank movements becomes easier to manage yourself. Accountants and auditors remain valuable, and often required, for statutory accounts and audits, complex tax and advice: this is about the everyday part of the work.
Illustrative: enter the fee you are quoted or pay. It is not a market rate.
For 80 documents a month
Against doing it all by hand
About 4 h of your time back a month.
Against the outsourced fee you entered (illustrative)
€126.20 a month less in fees.
| Approach | Time a month | Fees a month |
|---|---|---|
| All by hand | 5.3 h | €0 (No fee) |
| Outsourced bookkeeping | 0.7 h | €150 (illustrative) |
| SumWize, AI-assisted | 1.3 h | €23.80 (Basic plan) |
EstimateEstimates for a month in 2026. SumWize's fee is the cheapest of our published plans for this many documents, including any extra documents or AI calls, assuming one AI call per document read. Outsourced time assumes about 0.5 minute a document to gather and send it. Not a quote or advice.
Pricing
Simple plans that grow with the business.
Three plans with the same accounting at their core. Try any of them free for 7 days.
Billed monthly. Prices exclude VAT.
Basic
For a small company doing its own books.
€15/month + VAT
7-day free trial
Get startedWhat's included
- 1 person can sign in
- 20 sales invoices and credit notes a month
- 40 bills and expenses a month
- 1 bank account
- No payroll
- Invoice and bill files kept with their records
- 20 AI calls a month
Recommended: Most chosen for growing companies
Business
For a growing company with staff and an accountant.
€25/month + VAT
7-day free trial
Get startedWhat's included
- 3 people can sign in
- 200 sales invoices and credit notes a month
- 400 bills and expenses a month
- 3 bank accounts
- Payroll for up to 5 employees
- 1 GB for invoice and bill files
- 150 AI calls a month
Pro
For busy companies and the accountants who run them.
€65/month + VAT
7-day free trial
Get startedWhat's included
- 10 people can sign in
- No limit on sales invoices and credit notes
- No limit on bills and expenses
- No limit on bank accounts
- Payroll for up to 25 employees
- 3 GB for invoice and bill files
- 500 AI calls a month
Compare the plans
| Feature | Basic€15/month + VAT | Business€25/month + VAT | Pro€65/month + VAT |
|---|---|---|---|
| What the plan includes | |||
| People who can sign in | 1 | 3 | 10 |
| Sales invoices and credit notes a month | 20 | 200 | No limit |
| Bills and expenses a month | 40 | 400 | No limit |
| Bank accounts | 1 | 3 | No limit |
| Invoice and bill files kept | Kept with the records | 1 GB | 3 GB |
| AI calls a month | 20 | 150 | 500 |
| Payroll employees | None | 5 | 25 |
| Extras you can add | People, AI calls | People, payroll, AI calls, storage | People, payroll, AI calls, storage |
| Sales | |||
| Sales invoices, credit notes and quotes | Included | Included | Included |
| Recurring invoices | Included | Included | Included |
| Payment reminders and customer statements | Included | Included | Included |
| UBL e-invoices (XML) | Not included | Included | Included |
| Expenses and bank | |||
| Bills read from PDFs, checked before posting | Included | Included | Included |
| Recurring expenses | Included | Included | Included |
| Bank statement import, matching and reconciliation | Included | Included | Included |
| Expense claims, and a receipts email inbox once a mailbox is connected | Not included | Included | Included |
| Bill approval | Not included | Not included | Included |
| SEPA payment runs | Not included | Not included | Included |
| VAT and tax in Cyprus | |||
| VAT return (VAT 4) with the boxes worked out | Included | Included | Included |
| VIES summary (VAT 42) | Included | Included | Included |
| Tax deadline calendar with reminders | Included | Included | Included |
| Corporate tax computation (TD4) | Included | Included | Included |
| Dividends with defence contribution and GESY, and TD603 | Not included | Included | Included |
| Payroll | |||
| Payroll with Social Insurance, GESY and PAYE | Not included | Included | Included |
| Payslips as PDFs | Not included | Included | Included |
| Reports and planning | |||
| Profit and loss, balance sheet and trial balance | Included | Included | Included |
| Report pack and monthly management pack | Not included | Included | Included |
| Fixed asset register and budgets | Not included | Included | Included |
| 13-week cash flow forecast | Not included | Not included | Included |
| Security and support | |||
| Two-step sign-in | Included | Included | Included |
| A record of every change | Included | Included | Included |
| Support replies | Aim: within 2 working days | Aim: next working day | Priority; aim: same working day |
Extras
- Another person who can sign in: €5 a month
- 5 more payroll employees: €10 a month
- 100 more AI calls: €6 one-time (never expire)
- 1 GB more file storage: €3 a month
About AI calls
An AI call is one request to an outside AI model, such as reading a bill. Ask AI chat uses the same allowance. Help answers, answers repeated from the cache, and documents read from their own text use no calls. AI stays off until it is available on the platform and the company's owner switches it on.
If you go over
- Sales invoices and bills are never refused. Beyond the plan's number, the extra ones are charged in blocks of 100 at €4.
- Bank accounts and file storage are fixed limits: add storage as an extra, or move up a plan for more bank accounts.
- When the month's included AI calls are used up, AI pauses until next month (help answers keep working). Need more? Buy 100 AI calls for €6, a one-time purchase.
- No plan ever deletes a file attached to a record.
Every plan starts with a 7-day free trial, and starting it doesn't ask for a card. Creating an account doesn't ask for payment either.
Questions
The short answers. The guide inside the app covers each topic in more detail.
Does it file my returns with the Tax Department?
No. It prepares VAT, payroll and other returns and the figures behind them; you or your accountant review and submit them through the official portals.
Does it connect to my bank?
Not directly. You download a statement from online banking and import it; the column layout is remembered for next time.
Do I still need an accountant?
Many owners keep their day-to-day books themselves with the guide. For tax planning, year-end sign-off and anything legally complex, take professional advice, and invite your accountant into the same books.
Where do the tax and payroll rates come from?
From a catalogue of dated rules. Each one records where it was read from and whether it has been confirmed, and a period always uses the rates in force for it.
Can my accountant work in the same books?
Yes. Invite them with the role that fits; an accountant can look after several client companies from one sign-in.
Can I bring in my existing records?
Yes. Opening balances from your previous year, and customers, suppliers and transactions from spreadsheets, come in through the Import screen.
Can I use it in Greek?
Yes. Every screen, document and message is available in Greek and English, and you can switch at any time.
Is there a free trial?
Yes. Every plan starts with a 7-day free trial, and starting it doesn't ask for a card. After that, plans are billed monthly or yearly, and prices exclude VAT.
What counts as an AI call?
One AI action, such as reading a bill or answering a question in Ask AI chat (one question is one call); both use the same monthly allowance. Help answers, cached answers and documents read from their own text use no calls. When the month's calls are used up, AI pauses until next month, or you can add 100 more calls a month as an extra.