With respect to client’s needs and expectations, Todis Consulting has created the VAT Management application, which allows to calculate VAT in a convenient way.
The application includes as follow:
- Printout VAT-7 and VAT-7K declarations.
- Electronic transfer of VAT declaration
- Possibility to entering / changing the date to VAT (sales/purchase correction) for a single invoice and in bulk.
- Correction of VAT codes for existing entries (sales/purchase correction).
- Review of VAT entries according to selected criteria (sales/purchase correction).
- Entering confirmation dates for correcting invoices.
- Settlement of input VAT payable and due VAT in a different month than the accounting date by adding the possibility of entering the date into VAT in the purchase and sale - correction of standard VAT reports (purchase and sale).
- A package of reports supporting VAT and CIT settlement from unpaid invoices (regulation changed in 2013).
This application is closely related to the functionality offered by Todis to support the SAF-T.
It is possible to include an additional individual company’s requirements.