VAT FOR BREXIT

VAT FOR
BREXIT

Brexit and governments alike have added an extra layer of complexity to the responsibilities of businesses, particularly when it comes to VAT and trade accountability. Right or wrong is not for us to say, it’s simple…if you want to be in business you must comply.
The issue for a lot of medium sized Irish businesses, internationally trading on B2B level is that they use legacy business management software systems which are more focused on operations over legislation. These frequently take a lot longer to catch up with legislators than what is required.
So often paperwork needs to be duplicated, if not tripled, which not only takes up time but creates errors and discrepancies.
The solution we offer here is a fully integrated management system which handles operations just as well as it does finance, therefore capable of facilitating / automating several tasks within one process (often unknown to that actual user).

How can Herbst Help with VAT complexities?

From version 2.0.105XX and up, Herbst Insight has greatly extended the internal workings of its document supports, making it a whole lot easier for the end user – fully supporting VAT triangulation, depot delivery from/to scenarios, along with VAT postponed accounting and VAT reverse charges. The new version is thereby capable of generating VAT, Return Of Trading Detail (RTD), Intrastat and VIES report.

Not only is Herbst Software able to help you with VAT complexities, our fully integrated, business management solution provides full visibility of sales ledgers, stock control, e-commerce, operations, job-costings etc, and simplifies day-to-day tasks for your employees.
Of course there’s a lot more to discuss on this subject, however I think we should discuss this in person, as we know a lot of people don’t find this to be as fascinatingly interesting as us.