VAT Return Generator
Automates the creation of VAT returns and other VAT declarations across multiple territories, streamlining the entire process and ensuring accuracy and compliance with tax regulations.
Data Integration and Calculation
Integrates with Xero to automatically pull accounting data (sales, purchases, VAT) for easy VAT return generation. Using advanced tax codes, generate.TAX ensures accurate, real-time VAT calculations. It also integrates with Cin7, a cloud-based inventory management software for streamlined stock management.
Customisable Reporting Parameters
Offers customisable reporting parameters to meet your specific business needs. You can define reporting periods, VAT reports, VAT codes and other criteria within the platform. Whether you’re dealing with monthly, quarterly, or annual VAT returns, generate.tax adapts to your reporting frequency and generates VAT returns and alerts or notifications accordingly.
Automatic Form Generation
Automatically generates the VAT return in line with local tax authorities’ formats with the click of a button, based on the data inputted in your accounting software and the respective mapping in generate.TAX.
Approval Workflow
Users can invite team members and set granular permissions for easier collaboration. A full activity trail is available to be able to keep track of the status and progress of the VAT return from the first step of generating the VAT return, to the final stage of marking the VAT return as submitted with the authorities.
How it works
Connect with Xero & Cin7
Seamless integration for an instant, accurate VAT data import
Your transaction data is automatically imported and organised, allowing you to quickly generate accurate VAT returns without manual data entry.
Your VAT Returns in One Place
Manage all your VAT Returns through a centralised dashboard
Easily create new returns, edit returns that haven’t been submitted, and view previously submitted returns from one place.
Generate your
VAT Return
Review, Approve, Go!
Generate your VAT Return, assign a designated reviewer and seamlessly hand them off to the client for final approval. This ensures clear accountability and faster decision-making, helping you stay on track and maintain control every step of the way.
FAQs
What data does generate.TAX extract from Xero?
generate.TAX integrates seamlessly with Xero to automatically pull your accounting data, including sales, purchases, and VAT. This integration ensures accurate and up-to-date data for generating your VAT returns with minimal manual input.
Can generate.TAX integrate with other software besides Xero?
Yes, generate.TAX also integrates with Cin7, a cloud-based inventory management system. This integration streamlines your stock management and ensures accurate VAT reporting by incorporating inventory data into your VAT return calculations.
Can I customize my VAT reports in generate.TAX?
Absolutely! generate.TAX allows you to define custom reporting parameters such as reporting periods, VAT codes, and more. Whether you’re filing monthly, quarterly, or annually, you can set the platform to match your specific business needs and ensure accurate VAT returns.
How do approvals work in generate.TAX?
The approval workflow allows you to invite team members and set specific permissions for each user, streamlining collaboration. You can track the status and progress of your VAT return, from generation to final submission, with a full activity trail to ensure full transparency.
Can I track the progress of my VAT return within the platform?
Yes, generate.TAX provides a complete activity trail that lets you track the status of your VAT return at every stage. From generating the return to the final approval stage, you can stay informed and ensure everything is progressing smoothly.
Try it for free
Unlock all generate.TAX features for 30 days to help you with the generation of VAT returns
- Connects to Xero
- Safe and secure
- Cancel any time
