Learn how we help you attain the utmost level of accuracy while keeping manual labour to a minimum when doing your clients' books.
Accounting professionals offering e-commerce accounting services who deal with clients operating cross-border in the EU, rely on SimpleVAT's e-commerce accounting software to optimize their workflow by automating invoicing, sales data collection from all sales channels and processing that data with advanced algorithms, which take into account the vast EU VAT legislation to produce the exact figures needed for VAT filing in foreign jurisdictions and OSS/IOSS VAT declarations.
With first-class EU VAT software from SimpleVAT, you'll experience peace of mind knowing you have the resources to instantly calculate your client’s VAT obligations across all jurisdictions and do their reporting on time.
No matter how many e-commerce clients your accountancy firm has, how many VAT registrations they have, and what their volume of orders - doing the heavy lifting with SimpleVAT will allow you to meet those obligations and grow your business.
When it comes to filing EU VAT returns in foreign countries and reporting cross-border sales via the One Stop Shop (OSS/IOSS), manually compiling data from all the marketplaces and platforms where your clients sell can be a laborious and error-prone process. This becomes particularly challenging as filing deadlines draw near and accountants are burdened with heavy workloads.
SimpleVAT offers a software solution that automatically collects sales data from all marketplaces and websites that your clients may be selling on, and applies advanced logic to process it accurately and give you the OSS data, the local VAT data, the foreign jurisdiction VAT data - everything needed for easy VAT filing, all in full compliance with the latest legislation.
Whether your clients sell on Amazon, Shopify, Etsy, Magento, WooCommerce, OpenCart, Kaufland, ManoMano, Veyton, Cdiscount, Ebay, Magento, or any other well-known marketplace, we have it covered. SimpleVAT connects to your clients' marketplace accounts and pulls in their sales data, creating accurate reports for you to use for filing their VAT returns.
Growing your accountancy firm hinges on your capacity to attract new clients while effectively managing your workflow. Yet, catering to the needs of e-commerce clients, especially in the realm of EU VAT, presents a distinct challenge that demands meticulous attention and consumes considerable time. This is why you need the best accounting software for e-commerce clients.
Our software integrates with all marketplaces and sales channels your clients use, centralising sales data collection and eliminating manual downloads.
Advanced algorithms process the data, distinguishing between local and cross-border supplies, apply the appropriate VAT rates, and generate accurate reports for VAT filings and OSS/IOSS declarations.
All e-commerce transactions are invoiced and are exportable via our web portal, simplifying VAT inspections and bookkeeping.
Say goodbye to manual B2B invoicing. SimpleVAT automates the process and performs VIES checks for EU VAT IDs automatically.
Our software fully eliminates any manual work in relation to currency conversion. FX conversion is performed using live data from the relevant central bank or rate-issuing institution obtained on the date of issuance of the invoice pertinent to each transaction and is subsequently used for reporting purposes.
Our software provides filterable data ranges, overview of sales and VAT due in pie chart format and in summary view, downloadable PDF invoices, downloadable main report with all transaction attributes (like place of origin, place of destination, currency, applicable reporting OSS/IOSS return or local VAT return, plus more).
We integrate with Xero and Quickbooks so you can easily transfer e-commerce sales data to your favourite app.
Partner with SimpleVAT and experience the transformative power of automated VAT management. Schedule a demo today and see how our software can streamline your operations, enhance efficiency, and drive success for your accountancy firm and your e-commerce clients.
