VAT Software

As increasing numbers of tax authorities around the world introduce new reporting obligations, businesses are under growing pressure to stay compliant with the complex requirements and changes.

The introduction of transaction level reporting makes this even more challenging, removing the ability and the time to manually interact with data before its submission to governments.

 

Easy to API integration with ecommerce platforms

FZCOVAT data integration is a cloud-based, tax-specific solution for the automation of the data validation, analysis, and transformation. It is require for supporting VAT compliance process.

Auto VAT calculation

 

The ability to calculate the correct VAT for each product means that – in addition to customer satisfaction and tax compliance – merchants can also increase their revenue.

VAT data store on a secure server

All of your written content is backed-up automatically in a continuous way, enabling point-in-time recovery. The backups are stored in FZCOVAT, which is designed more accurate and durability.

 

 

Upload csv file 

 

Tax compliance platforms upload tax documents, such as exemption certificates, to the cloud or server to allow for easy retrieval of forms and documents through dashboards.

Automated VAT reporting

FZCOVAT tax compliance software can track tax rates, which means that VAT calculations are based on a country like as German or France, while applying tax data in real time.

 

 

To-do list on your portal

FZCOVAT software can track filing deadlines and dates for separate jurisdictions, so payments are on time and streamlined to multiple tax authorities.

 

 

Multi-user access

Use the scheduler to automate all the postings in near real time.

 

 

One clicks submission to Tax Office

VAT returns are submitted electronically to meet compliance with individual countries’ specific filing formats.