Accquix

ACCOUNTING FOR IT CONTRACTORS

You work for a foreign company.We build the accounting around your contract.

Long-term B2B work, recurring invoices, Deel or direct payments, §7a, foreign currencies, and the choice between a sole trader and s.r.o. — in one clear system.

A DIFFERENT WORK MODEL

Not dozens of jobs. One contract that needs to be set up correctly.

An IT contractor usually does not sell dozens of small services to random customers. They work with one or a few companies for months or years, invoice every month, and receive income directly or through a contract and payment management platform.

From the outside, the money flow may look simple. One invoice, one payment, one client. Behind it, registrations, place of supply, currency, documents, expenses, and the legal form of the business still need to be set up correctly.

A long-term client

You work for one or a few companies over several months or years.

Recurring invoicing

You invoice monthly based on days, hours, or an agreed capacity.

Cross-border work

The client may be in the EU, the United Kingdom, the US, or another country.

Direct payment or a platform

Money may come directly from the client or through Deel, Remote, or another contractor platform.

DEEL AND SIMILAR PLATFORMS

The platform changes the payment path. Not the substance of your business.

Deel or a similar service may handle the contract, onboarding, compensation calculation, and payout. For accounting, the important questions are who your real business partner is, which document is created, who receives your service, and what the payment actually represents.

Using a platform does not automatically make you a contractor. The real working relationship and the documents supporting the payment are what matter.

  1. 01Contract
  2. 02monthly report or invoice
  3. 03Deel or client
  4. 04payment received
  5. 05bank
  6. 06accounting and tax reporting

Contractor or freelancer?

IT contractor

  • Long-term engagement
  • One or a few clients
  • Regular monthly income
  • B2B contract
  • Direct payment or Deel

Freelancer

  • Shorter projects
  • More clients
  • Irregular income
  • Marketplace or direct orders
  • More payouts and fees

The boundary is not always precise. What matters to us is how your income arises, which documents you receive, and which systems the money passes through.

WHAT WE SET UP

From the first contract to stable monthly accounting.

Foreign B2B clients

We assess the invoicing model by the client’s country and status and set the right invoice details.

§7a registration

If you provide services to a business in another EU member state, registration and recapitulative statement duties may arise.

Deel and contractor platforms

We connect the contract, report, invoice, payout, and received payment so every amount can be explained afterwards.

Foreign currencies

We process invoices and payments in EUR, USD, GBP, or other currencies, including the required conversion.

Expenses

Software, hardware, cloud, work equipment, travel, and other costs are recorded according to their real use and evidence.

Sole trader or s.r.o.

As income grows, we help you compare the practical consequences of both models and prepare the accounting for a change.

For digital specialists who work on contract

01Developers
02DevOps and cloud specialists
03Data analysts
04Designers
05Product managers
06QA specialists
07Cybersecurity experts
08IT consultants

It does not matter whether you invoice directly, use Deel, or combine several clients. What matters is that you operate from Slovakia and need the full contractor flow documented correctly.

A DIFFERENT TYPE OF INCOME

You may need a different solution

HOW WE WILL WORK WITH YOU

Accounting by legal form. Not by invoice count.

Common IT contractor questions

Am I an IT contractor if I receive money through Deel?

Not automatically. Deel is a way to manage a contract or payment. What matters is your position in the relationship, who your business partner is, and which documents support the compensation.

Can I have only one client?

The number of clients alone does not determine whether your model is set up correctly. The contract and the real working relationship matter. Accquix handles accounting and tax records; legal classification of the working relationship may require a separate specialist.

Do I need §7a registration?

It may be needed if you provide a service from Slovakia to a business registered in another EU member state. It depends on the specific client and service.

Is a sole trader or s.r.o. better for a contractor?

It depends on the level and stability of income, costs, how you use the money, and other circumstances. We compare your real model rather than applying one universal threshold.

Can I combine a direct client and Deel?

Yes. Each income stream still needs its own clear chain of documents, invoicing, and payments.

Accquix handles accounting and tax records. Legal assessment of the working relationship, disguised employment, or the contract itself may require a separate specialist.

You already have the contract. Now let’s set up the accounting around it.

Show us who you work for, how you invoice, and how you get paid. We will design an accounting process that works every month — even when the client, currency, or legal form changes over time.