Compliance Module is designed to adhere to the Statutory and Regulatory requirement of your Retail Store. If helps to fulfill all the statutory and regulatory procedures on time. It ensures compliance with VAT, Excise Duty etc to follow the prescribed rules of Retail Products. It manages the compliance data and gives guidance in various Purchase and Sales transactions taking place in and out of the store.
• It configures different types of tax and rates which are based on statutory requirements and is applied at all the level of transaction.
• Tax with pre – defined percentage is calculated automatically and imposed on all the transactions of Sales and Purchases.
• For proof of adhering to Compliance our Retail software maintains VAT, Sales Tax register for the tax paid till date for every transaction.
• It thus provides a safe and automatic way to manage regulatory and statutory compliance to help run business smoothly with fewer fines and better operations.