Online management reporting portal
Platinum
A unique feature of Platinum is a web-based ‘portal’ that provides full visibility and control over VAT compliance activities across your whole organization. Think of the Platinum portal as your gateway to a full range of real-time information that lets you manage your VAT compliance in a way that no other system will allow. This on-demand real-time portal facilitates the management of reporting deadlines and information workflows, and provides full visibility of all historical VAT returns, forms and correspondence.
The portal features include:
- Executive dashboard view of overall VAT compliance
- Live calendar to monitor workflow and manage deadlines
- Access to historic VAT return workings, forms and correspondence
- Statement of account tracking reflecting amounts owing to or due from VAT authorities
- Analytics engine providing sophisticated trend analysis
Dashboard
The opening ‘Dashboard’ view presents an instant snapshot of what VAT declarations are due for submission and the status of each declaration. Status alerts direct your attention to returns that are due within five days or perhaps overdue. The Platinum portal makes it simple for you to focus quickly on important data by selecting from a range of dynamic parameters that instantly filter the results.
Live Calendar
A highly sophisticated live calendar displays the submission dates for all VAT declarations according to the latest rules and regulations for each jurisdiction. You can access the live calendar to track the progress of each VAT declaration from start to completion. This feature helps manage workflow priorities, and ensures that every return is filed on time, every time.
Returns History
The Returns History screen provides instant access to all historic VAT declarations at a click of a button. You can use this view for a quick snapshot of inputs and outputs, or to ‘drill-down’ to view detailed workings behind an individual return. The Return Workings provides a standardized template to view VAT return calculations, irrespective of the jurisdiction concerned. This presents you with a clear and simple explanation of your VAT return without having to factor in the many country-specific variations.
Statement of Account
The Statement of Account screen is a powerful tool that helps you track the amount owing to or due from each tax administration. This provides visibility to your treasury or finance teams on payments and receivables due. You can also use this information to compare balances across entities and jurisdictions to assist with both VAT and cash flow planning activity.
Analytics
Another feature to our Platinum on-line portal is the analytics engine, which allows you to generate visual trend analysis reports. Select from a wide range of pre-defined reports that plot VAT return trends across different sales and purchase activities, jurisdictions and entities. Use this information to help identify potential errors before they are reported and to demonstrate to your local tax administration that you are actively managing VAT compliance risk.