Practical answers for running your business with Selvia.

Yes — choosing who handles your accounting is your decision as a business owner. Your current agreement may still have its own terms, such as a notice period or other obligations, so it's worth checking it before you move. Switching providers does not remove your statutory bookkeeping, VAT or tax obligations — it only changes who carries them out for you.

Yes, you can switch at any point in your financial year — you do not need to wait until year-end. Selvia continues your bookkeeping from the point you move, and the work your previous accountant already completed and filed stays as it was.

No. Changing who provides your accounting is your decision, not your current accountant's. What you may need to settle directly with them is anything specific to your own agreement — for example a notice period, outstanding fees, or getting your records back.

A change of provider does not, by itself, cause VAT or tax problems — your statutory obligations continue regardless of who does your accounting, and a controlled handover is intended to keep your bookkeeping continuous. Problems are more likely when records are incomplete or a handover is rushed, which is why Selvia reviews what you bring over before taking on ongoing work.

Work your previous accountant already completed and filed — filed VAT returns, issued invoices, closed periods — stands as it was. Selvia picks up your bookkeeping from the point you move rather than redoing or refiling correctly completed work.

Typically your Business ID if you have one, access to or copies of your recent bookkeeping, your VAT filing history, bank account details for reconciliation, and any open invoices or unpaid bills. Selvia will tell you exactly what's needed for your situation once you start.

You provide Selvia with your existing records and the relevant access. Selvia does not automatically contact or coordinate with your previous accountant on your behalf unless you arrange that yourself — Selvia reviews what you bring over before taking on ongoing bookkeeping, so continuity is preserved from your side of the handover.

Yes. Selvia reviews the state of your bookkeeping when you move. Catching up on backdated or incomplete records is historical or catch-up work, which is priced separately and always agreed with you — price included — before it starts.

Yes. Selvia works for new and established toiminimi and Oy businesses alike, and the free first month applies to any new Selvia Accounting customer, whatever the age of the business.

No. You can complete onboarding and start using the Selvia app without a Business ID — it's only required at the specific points that genuinely need one, such as subscribing to an Accounting plan or issuing invoices under your business.

Your business receipts and purchase documents, your sales invoices and income records, and your bank statements for reconciliation. Send these through the Selvia Accounting app as they happen — there's no need to batch them up.

Capture or upload them directly in the Selvia Accounting app — Selvia reads the document and turns it into accounting entries. You can also upload existing files, such as PDFs, rather than photographing paper receipts.

Send it as soon as you have it. Normal ongoing documents aren't time-pressured within your bookkeeping period, but VAT filing has a statutory deadline, so documents close to a filing period should go in promptly. If a receipt is genuinely lost, message Selvia through the Support Inbox and we'll advise on the best way to record it correctly.

For the periods your Selvia subscription covers, Selvia prepares, reviews and files your VAT return directly with the Finnish Tax Administration (Vero). You can follow your VAT status in the Selvia Accounting app.

The Selvia Accounting app shows your running VAT position for the current period, based on the documents processed so far. Treat this as a working estimate rather than a final amount until your VAT return for that period has actually been filed.

A document sent after its VAT period has already been filed is processed in the next available period rather than reopening the return already filed with Vero. To keep your VAT return accurate, send documents before your filing period closes.

Tell Selvia through the Support Inbox or by email. If the entry is in a period not yet filed, it's corrected before filing; if the period is already filed, Vero's own rules for correcting a filed VAT return apply, and Selvia will advise you on the correction.

Yes. Supported Wolt, Uber Taxi, Uber Eats and Bolt statements are processed as part of your subscription and included in your bookkeeping and VAT the same way as your other income.

Standard accounting reports and your bank-reconciled transaction history, alongside your VAT status and sales invoices, all inside the Selvia Accounting app.

Yes. Starter is for a toiminimi (sole trader) and Business is for an Oy (limited company) — each plan is matched to that legal form, with ongoing bookkeeping and VAT handled in the way appropriate to it.

YEL (yrittäjän eläkevakuutus) is the statutory pension insurance for self-employed people in Finland. It funds your earnings-related pension and also affects the daily allowances you can receive from sickness, parental and unemployment insurance, so your confirmed YEL income matters beyond your pension alone.

YEL applies once several conditions are met together, according to the Finnish Centre for Pensions: you're aged 18 or over and under the upper age limit for your birth year, you live in Finland, you work in your own business, your self-employment lasts at least four months, and your confirmed YEL income reaches the statutory annual minimum — €9,423.09 for 2026. Meeting the income figure alone is not enough; all the conditions apply together.

Within six months of starting self-employment that meets the YEL conditions. Once arranged, the insurance covers you retroactively from the start of that self-employment.

YEL income is your confirmed estimate of the value of your own work in the business — broadly, what it would cost to pay someone else to do that work. It's the figure your pension insurer confirms with you when you take out YEL, and it's reviewed over time as your work changes.

No. According to the Finnish Centre for Pensions, YEL income is not your turnover, your accounting profit, or a salary you draw — it's the value of your own work contribution, and how your company performs in a given year doesn't change it on its own.

Having a salaried job alongside your business doesn't by itself remove the YEL obligation. If your self-employment meets the YEL conditions — including the income threshold — YEL applies even when it isn't your main income.

Not automatically. For an Oy, YEL applies to an owner who works in a leading position in the company and who, alone, owns more than 30% of the shares or voting rights, or who together with family members owns more than 50%. An owner who doesn't meet both the position and the ownership criteria is typically insured as an employee instead.

For 2026, the YEL contribution is 24.4% of your confirmed YEL income. A newly self-employed person automatically pays 22% less on that contribution for the first 48 months of self-employment. These figures are set annually, so check the current year's rate before budgeting.

If the value of your work in the business changes materially — it grows or shrinks — you can ask your pension insurer to review and update your confirmed YEL income. Keeping it accurate matters, since it's what your pension and the daily allowances linked to it are based on.

Selvia can help you understand how YEL generally works and point you to the right official guidance, but the YEL insurance decision and your confirmed income are set with your chosen pension insurance provider, not with Selvia — Selvia is not a pension insurer.

Most new entrepreneurs deal with prepayment income tax (ennakkovero), VAT if the business is VAT-registered, and YEL pension contributions where YEL applies. An Oy also pays corporate income tax on its profit. Which of these apply to you depends on your legal form and situation, so it's worth checking with Vero or Selvia early.

Prepayment tax is income tax you pay in advance during the year, based on an estimate of your taxable profit, instead of one large bill after your tax return. Vero calculates it from your estimate or your latest tax return and bills it in instalments through the year.

For a new business, Vero sets your prepayments from the profit estimate you give when registering. After that, Vero can also use your latest filed tax return. Either way, the aim is to match your prepayments to what you'll actually owe.

Request an adjustment to your prepayments in MyTax rather than simply paying less than the confirmed amount — Vero explicitly asks for a change request, and you can make one more than once a year if your estimate keeps moving. If you underpaid and the tax year has already ended, Vero also allows a voluntary additional prepayment to reduce residual tax interest.

Don't ignore it. Read what Vero is asking for and note the deadline, then send Selvia a copy as soon as possible if it concerns your accounting or VAT so we can help you respond in time. Selvia cannot change or extend a Vero deadline on your behalf.

Not as part of the ongoing subscription — it's a separate, specifically priced service: the toiminimi annual business tax return for Starter customers, or the Oy year-end package (financial statements and corporate income tax return) for Business customers. Both are listed with their prices on the pricing page.

The deadlines that matter most depend on your VAT filing period and your financial year-end, and they're set by Vero rather than Selvia. As one example, a business on monthly VAT filing has its VAT return and payment due on the 12th of the second month after the period — March's VAT, for instance, is due on 12 May, moving to the next business day if the 12th falls on a weekend or public holiday. Check your own exact dates with Vero or Selvia.

Yes. You can create and send sales invoices directly in the Selvia Accounting app, with no fixed cap on the number of normal sales invoices included in your subscription.

Capture or upload them in the Selvia Accounting app as they happen. Selvia reads each document and turns it into accounting and, where applicable, VAT entries.

Yes — you can upload an invoice or income document created outside Selvia, such as one from another system. It's recorded as uploaded income evidence rather than as a Selvia-issued invoice, since Selvia didn't create or send it.

Yes, for supported Wolt, Uber Taxi, Uber Eats and Bolt statements. A platform statement is processed as uploaded income evidence, not automatically treated as a Selvia-issued sales invoice — a payout a platform reports isn't automatically the same thing as a sale, so Selvia works from what the statement actually shows.

Selvia doesn't silently guess. When something can't be determined reliably from a document — the amount, the VAT treatment, what it actually is — it's held for review rather than posted straight into your accounting, so your records only ever reflect what's actually been established.

Yes, the Selvia Accounting app shows the status of sales invoices you've created and sent, including whether an invoice is still open or has been paid.

Starter (for a toiminimi) is €30 + VAT a month and Business (for an Oy) is €99 + VAT a month, both billed in advance. Paying every 3 months saves 5% and every 12 months saves 10%, and your first month is free. See the pricing page for the exact amount at each billing frequency.

Normal ongoing bookkeeping with a monthly review, VAT preparation, review and filing where Selvia handles your VAT, unlimited normal sales invoices, bank reconciliation, standard reports, supported Wolt/Uber/Bolt statement processing, and normal subscription support — with no fixed cap on ordinary documents. Year-end work and payroll are not included; see the pricing page for their prices.

Yes, for a first-time Selvia Accounting customer, once per customer and business. It's a full month of the real service at €0, starting when Selvia approves your subscription — if you cancel during it, you owe nothing.

You choose monthly, 3-month or 12-month billing, and every period is invoiced in advance and paid by bank transfer, with a 14-day payment term. The subscription then renews automatically at your chosen frequency until you cancel.

Year-end work (the toiminimi tax return or the Oy year-end package), payroll, historical or catch-up bookkeeping, and other work outside normal ongoing bookkeeping. Selvia always agrees the work and its price with you before it starts — there are no surprise charges.

The complete rules on renewal, cancellation, refunds, late payment and changing your billing frequency are in Payment Terms — this FAQ gives you the short version, that document is the one that governs.

In the Selvia mobile app — there is no separate web login for Selvia Accounting. Selvia POS, our till product, is separate and has its own sign-in at pos.selvia.fi.

Yes, the Selvia app is available in both Finnish and English.

The fastest way is the Support Inbox inside the Selvia Accounting app. You can also reach us by WhatsApp or email at support@selvia.fi, or use the contact form on this website.

It's the in-app place to message the Selvia team about your accounting and keep the whole conversation together in one thread, rather than scattered across email and chat.

Selvia applies standard technical and organisational safeguards to protect your data, described in full on the Security & Data page. We don't use unverified marketing claims like "bank-level" or "100% secure" — that page describes what's actually in place.

Cancelling your subscription does not delete your accounting records. Finnish accounting and tax law requires certain bookkeeping material to be kept for set periods regardless of whether you're still a customer, so that material is retained as the law requires.

Yes, from inside the app, or using the online account deletion request form if you can't access the app. Deleting your account removes your personal profile data, but it does not delete the accounting, VAT and bank records Finnish accounting law requires Selvia to keep: the Accounting Act sets different minimum retention periods for different material — generally at least 6 years for vouchers and other accounting material, and at least 10 years for core records such as the financial statements and the accounting books themselves. See Account Deletion and the Privacy Policy for the details.