What is Arvello?
Arvello is accounting software built specifically for Estonian OÜ companies. It connects to your bank, tracks your income and expenses, generates invoices, and produces the tax returns you need to file every month — KMD (VAT) and TSD (salary/dividend taxes). Think of it as a bookkeeper that lives in your browser.
Who is Arvello for?
Arvello is for anyone running an Estonian OÜ who doesn't want to pay a bookkeeper for routine work. Freelance developers, consultants, e-commerce sellers, small agencies — if you spend hours every month in spreadsheets or e-MTA, Arvello is for you.
Which banks does Arvello work with?
Arvello connects to LHV, SEB, Swedbank, and other Estonian banks through PSD2 Open Banking. Wise is supported with a direct integration. You can also import CSV bank statements from any bank if you prefer.
How does tax filing work?
Arvello tracks VAT on every transaction and calculates your KMD (VAT return) and TSD (tax and social contribution declaration) automatically using the latest Estonian tax rates. You review the numbers, then export an XML file to upload to e-MTA. Direct submission to the Tax Board via X-tee is on our roadmap.
Do I still need a bookkeeper?
For most small OÜ companies with straightforward finances, no. Arvello handles invoicing, bank reconciliation, VAT tracking, and the standard reports. If your company has complex transactions, foreign subsidiaries, or you'd just rather have a professional review your books, Arvello still saves time by doing the heavy lifting first.
Is Arvello compliant with Estonian accounting standards?
Yes. Arvello uses the standard Estonian chart of accounts and follows Estonian accounting standards (Raamatupidamise Toimkonna Juhendid) for financial reporting. All amounts are in euros.
When will Arvello be available?
Arvello is currently in development. Join the waitlist and we'll let you know when early access opens up.