This module provides powerful tools for managing taxes, VAT, and financial documents, ensuring compliance and efficiency across different global regions. With its customisable settings, it simplifies financial operations while adapting to various regulatory frameworks.

Key Features and Functions:

Tax Calculation and Compliance

• Dynamic Tax Rates: Automatically applies region-specific tax rates, ensuring compliance with local tax laws.
• Configurable Tax Options: Enables tax settings for products, shipping, and fees, with the flexibility to enable or disable taxes as needed.
• Geo-Specific Tax Settings: Adjusts tax rates based on customer location to meet regional tax requirements.
• Compound Tax Calculation: Supports layered taxation, applying taxes on top of other taxes where required.
• Multi-Currency Tax Handling: Manages taxes in multiple currencies, essential for global businesses.
• Automated Tax Calculations: Ensures precise tax calculations at checkout, reducing manual errors.
• Tax Inclusivity Options: Allows pricing to be displayed with or without tax, catering to different business practices.
• Delivery-Based Tax Calculation: Adjusts tax amounts based on delivery location, essential for international shipping.
• Tax Exemption Management: Provides tools to manage tax exemptions for eligible customers or products.
• Discount and Tax Interplay: Accurately calculates prices by managing how discounts and taxes interact.

Financial Document Management

• Document Series Management: Supports the creation and handling of financial documents, including invoices, credit notes, and waybills.
• Document Auto-Generation: Automatically generates financial documents based on transactions, streamlining record-keeping.
• Customisable Invoice Settings: Allows modification of invoice layouts, terms, and information to meet regional and business needs.
• Financial Document Customisation: Enables the inclusion of specific notes, terms, or legal information in financial documents.
• Order and Tax Correlation: Directly links tax data with order management, ensuring seamless financial tracking.

Advanced Tax and Compliance Tools

• Tax Reporting and Analytics: Provides detailed tax reports and insights for financial planning and compliance audits.
• Advanced Tax Rules Configuration: Customises tax rules, including thresholds, exemptions, and special conditions.
• Regional Compliance Tools: Assists businesses in maintaining compliance with local financial regulations and standards.
• User-Level Tax Controls: Enables tax rules to be applied based on user groups or customer types.

A Reliable Tax and Finance Solution

This module ensures precise and compliant financial management, offering scalable and automated solutions for businesses operating in diverse regulatory environments. With flexible tax settings, automated document handling, and comprehensive reporting tools, it streamlines tax and finance operations, making global transactions more efficient.