BOTSWANA VAT MANAGER:
Provides users with a comprehensive range of tools created to assist them in succeeding in today's challenging business environment. This program has been tailored to the current needs of Business owners and BURS Auditors by focusing on two relevant business requirements, Tax Invoices and Vat Return.
We have made the impossible possible allowing Invoices to be scanned and attached to the system and managed in sequence of invoice number. Electronic invoices do not require scanning to be attached. This break-through has made it possible to save companies storage expenses and made it easy for auditors to cross reference Invoices submitted for VAT Return at the Click of a button.
The software has capabilities such as storing Invoices submitted for BURS together with VAT Return Official Receipt within the System, making it even easier for auditors to authenticate Claims.
Not only has the System made it easy for Auditors to access Invoices and Official Vat Return Receipts, we have also made it extremely easy for business owners to submit Vat by simply specifying date range for Vat due and a replica BURS Return form is filled out automatically allowing efficiency and accuracy during VAT Return periods.
Tax Deposit Information For the date range, provides taxable earnings totals, Federal 941, 940 and State tax deposit information.
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The level of manual tasks, duplication and non-value added activities in the payroll process often prevent staff from providing the reports that management require on a timely basis.
The best practice for providing management information that is timely, useful and relevant is automating, simplifying and standardising as many processes and tasks as possible, to eliminate unnecessary complexity and inconsistencies. This will reduce opportunities for error or fraud and make it easier to track the quantity and quality of information flowing to payroll.
A holistic approach that considers factors across all business dimensions, including strategy, structure, people, process and technology, creates reporting that is highly sustainable and scalable.
If you do not feel confident in your reporting capabilities or would like to improve your reports, technology could be a valuable ally providing master data that is clean, up to date and which can be relied upon.
Employee Advance Summary For the date range lists Advances paid and repaid with beginning and ending balances, one line per employee.
Employee Payroll Summary Lists for the date range Gross Pay, Total Withholdings, Credits, Reimbursements, Advances and Checks Total, one employee per line.
Payroll Journal Summary.
Payroll Journal Summary For the date range selected provides posting debit and credit totals for the Accounting sections Assets, Liabilities, Revenue and Expenses, with totals by General Ledger account number within each section.
Tax Liability Summary.
Form 941 Information For the date range selected, provides total Federal and State taxable wages, EIC credits, and other tax deposit information relevant to the 941 report.