D.Tax VAT

D.Tax VAT contributes to increased safety and accuracy over VAT reporting process through the reduction of human errors.

D.Tax VAT covers and automates VAT essential processes such as:

• preparation of VAT ledgers;
• preparation of VAT returns, EC Sales List and Local Sales and Purchase Lists, Intrastat statements (along with respective corrections);

D. Tax VAT – main features

• Automated verification of VAT IDs in VIES and local debases
• Check for duplicate invoices
• Verify NC codes in the relevant data base
• Assess VAT rates consistency
• Review proper tax code allocation
• Prepare rectified VAT returns/Intrastat
• Reconcile the VAT returns
• Keep history of the VAT returns prepared for each reporting period

Using D.Tax VAT, the key advantages are:

• Time and effort are reduced for recurrent tasks
• Increased Comfort over the accuracy of the information reported
• Data security and confidentiality are assured
• Increased Employees’ motivation

Once implemented, D.Tax VAT relieves the burden of VAT reporting attributed to prior manual or labor intensive processes.