The main goal of implementing the Customer Panel is to bring closer, facilitate and automate the VAT settlement process. The easy-to-use application allows you to go through the VAT settlement process in just a few minutes. Thanks to the integration with Amazon, there is no need to manually load sales files. The system will automatically download data, calculate VAT and prepare clear and precise reports.
However, VAT settlements are only the beginning, our goal is to provide you with a tool that will make the complex world of finance easy and understandable. An application thanks to which the correct taxation of e-commerce sales will become simple and easy to understand.
Accurate data presentation is a key aspect to fully understand the business. For this reason, we have prepared a set of reports that, on the one hand, will allow you to verify sales results and, at the same time, help finance and accounting departments to easily include e-commerce data in monthly settlements.
The reports prepared by us contain classified, converted and grouped sales transactions. Thanks to them, you can easily locate:
The list of reports is constantly expanded.
Distance Selling Threshold Monitoring
Taxology analyzes the distance selling thresholds to individual countries. The analysis is made primarily from the perspective of VAT regulations and aims at enabling all necessary actions to be registered in time for VAT purposes.
Lack of VAT registration in time may result in tax and legal sanctions. Those sanctions can also be imposed on sellers for incorrect VAT fillings, late submission of VAT returns and payment of VAT liabilities in EU countries. It can all lead to numerous consequences, such as the obligation to pay overdue tax together with interest, penalty fines, ban for selling goods through the Amazon platform, etc.
Inventory Health Check – beta
Inventory Health Check is a tool that optimizes storage management and inventory control. Taxology thoroughly analyzes data on movements and stock levels as well as sales of individual products. On that basis, the app calculates indicators such as an average number of sales and inventories, the forecasted number of days for which the current inventory is sufficient and the profitability of inventories.
Remember: Product positioning items on Amazon product lists is strictly linked to the inventory status of items in Amazon storages. With less items on stock, your competitors articles will appear higher on the Amazon sales lists. Thanks to tools offered by taxology, you can keep track of your inventory.