Do you know what Tax Compliance is? Surely you’ve heard that term, but do you know what it means?
Loosely translated, it means “to act according to a rule” or “to walk the line”. In this specific case, being within the company’s regulations, both internal and external.
Tax Compliance encompasses the laws in force that are related to accounting and tax closing, and achieving this objective brings many benefits such as:
- A better understanding of the laws linked to the tax process;
- Information transparency;
- Prevention of fines;
- Prevention of ordinary errors during the monthly closing process;
- Risk reduction;
- Best practices and internal processes related to tax information.
The tax area of a company is always a challenge due to the complexity of the legislation, which undergoes frequent changes and updates and has a strict tax calendar.
With a large amount of tax information from different sectors of the company, the need for attention to avoid errors is fundamental, but it is not always possible.
One of the most common errors is linked to invoices. Mistakes with issuance and in other procedures, lead to penalties and assessments that affect other departments, resulting in inconsistency in the final accounts.
One way to avoid such inconsistencies is the adoption of a unified and automated solution, with the objective of reducing the number of people involved in the tax conference operation.
Intragroup’s Inbound NFSe is a solution that centralizes tax information 100% automatically and has full integration with all municipalities in Brazil, helping your company to evolve accounting processes and keep within the current legislation of each municipality.
In addition, it ensures that the tax information is in agreement within the SAP system, for the correct extraction of withholdings, according to the new legal requirement SPED REINF.
To have more organization and productivity in your tax processes, talk to Intragroup.
The future of your business is our solution!
