We help identify the elements which are required for the VAT reporting and other compliance reports. We make sure that these are available right from the start, whether they are coming from the vendor, customer, or other master data – or from the transaction itself. This is the main starting point for our requirement analysis.
We are also in the process of developing a tool that represents data in the form of decision trees and flows so you can see your business transactions and tax decisions in a much more meaningful way. That can help you continue to improve the process. Make sure you follow us on Twitter [link to Twitter handle] and we’ll let you know when it’s available.