Tax Report Module

Centralized e-invoice management, limiting data discrepancy

An e-invoice is an important basis for determining an enterprise's revenue, cost, and tax obligations. If invoices are managed separately from the accounting system, checking and reconciling becomes complex, especially as transaction volume grows.

SIS Accounting Online integrates e-invoice management directly into the same system, letting data sync as soon as it arises.

An enterprise can:

• Manage output invoices.
• Manage input invoices.
• Track the status of issuance, adjustment, or replacement of invoices.
• Look up invoices by many criteria.
• Store data centrally and securely.

When an invoice is issued or received, the system automatically updates related information on revenue, cost, VAT, and payables/receivables. This eliminates repeated data entry while ensuring data between invoices, source documents, and the accounting ledger stays consistent.

Automatically aggregating data for tax declaration

One of the most time-consuming tasks for an accounting department is aggregating data before each declaration period. When information has to be gathered from many different sources, the risk of missing documents or figure discrepancies rises significantly.

SIS Accounting Online automatically links data from arising transactions to form the tax report without manual aggregation.

As soon as a transaction arises, the system automatically:

• Records revenue and output VAT.
• Records cost and input VAT.
• Updates customer and supplier payables/receivables.
• Syncs data to the accounting ledger.
• Aggregates information for tax declaration.

Thanks to this automated process, an enterprise can significantly shorten the time to prepare declarations, reduce errors from data entry, and always stay proactive for periodic declaration periods.

Tracking tax obligations in real time

Tax management isn't just about fulfilling obligations to the tax authority — it also helps an enterprise proactively control cash flow and build a financial plan.

SIS Accounting Online lets you track tax amounts arising right during operations instead of waiting until period-end to aggregate.

The system supports tracking:

• Deductible input VAT.
• Output VAT payable.
• Provisional corporate income tax.
• Personal income tax arising.
• Other tax and financial obligations.

Data updated in real time lets an enterprise quickly know the expected tax amount payable, proactively balance funding sources, and limit financial pressure when the time comes to fulfill tax obligations.

This is also a basis for the Board of Directors to accurately assess the financial situation, forecast cash flow, and build a more effective business plan.

Controlling tax obligations and reducing legal risk

For an enterprise, tax risk doesn't only come from incorrect declaration — it also arises when data isn't synchronized, documents aren't complete, or obligations are fulfilled late per regulations. These errors can lead to dossier adjustments, tax arrears collection, or administrative penalties, while also affecting the enterprise's financial operations.

SIS Accounting Online helps an enterprise proactively control tax obligations right from when the operation arises, instead of only detecting errors at declaration or settlement time.

The system supports tracking:

• Input and output VAT.
• Corporate income tax.
• Personal income tax.
• Tax obligations by period.
• Related dossiers and documents.

Thanks to data continuously updated from the operating modules, an enterprise always knows the status of fulfilling tax obligations and has a basis to build an appropriate financial plan.

Beyond supporting the accounting department, tracking tax obligations in real time also helps the Board of Directors proactively forecast amounts payable, reduce cash-flow pressure, and limit unplanned expenses.

Automatic alerts, limiting declaration errors

One common cause of tax violations is an enterprise missing a filing deadline or not completing documents before declaring.

SIS Accounting Online integrates an automatic alert mechanism, helping an enterprise proactively handle important tasks before risk arises.

The system can alert on:

• Tax-declaration filing deadlines.
• Tax-payment deadlines.
• Incomplete invoices or documents.
• Transactions needing reconciliation.
• Payables/receivables related to tax obligations.

In addition, data between invoices, the accounting ledger, and tax reports is reconciled on the same platform, helping limit common errors such as:

• Duplicate data.
• Missing input or output invoices.
• Discrepancy between the tax report and the accounting ledger.
• Figure differences between modules.

Detecting and handling issues early helps an enterprise significantly reduce the risk of having to adjust dossiers or explain to the tax authority later.

Connecting tax data with the enterprise's entire operation

Tax is directly affected by most business activities such as sales, purchasing, payroll, and accounting. If each department manages data separately, an enterprise will spend a lot of time aggregating and be prone to discrepancy during declaration.

SIS Accounting Online connects tax data with all modules on the same platform, letting information update end to end as soon as an operation arises.

The system links directly with:

• Sales.
• Purchasing.
• General accounting.
• Payroll.
• HR.
• Customer and supplier payables/receivables.

When a sales invoice arises, the system simultaneously records revenue, output VAT, and the customer's receivable. For a purchase invoice, data on cost, input VAT, and the supplier's payable is likewise updated automatically.

For personal income tax, data is synced from the payroll module, letting an enterprise aggregate tax obligations accurately without manual processing.

Entering data once but using it throughout the whole system not only reduces processing time but also ensures consistency between tax, accounting, and financial-report data.

Real-time tax reporting, supporting financial management

Instead of waiting until month-end or quarter-end to aggregate figures, an enterprise can track its entire tax situation right during operations.

SIS Accounting Online provides a tax-reporting system updated in real time, helping the accounting department and Board of Directors quickly grasp important indicators.

The system supports many reports such as:

• VAT report.
• Corporate income tax report.
• Personal income tax report.
• Input and output invoice report.
• Tax-obligation report by period.
• Reports serving settlement and audit.

Beyond standard reports, an enterprise can also analyze data by many criteria such as time, branch, department, or transaction group.

The ability to drill down from a consolidated report to each invoice and document makes checking, reconciling, and explaining faster while improving transparency in financial management.

Standardizing tax operations with SIS Accounting Online

As tax policy continuously changes and compliance requirements keep rising, an enterprise needs a solution that helps centralize data management, reduce errors, and proactively control tax obligations.

SIS Accounting Online's Tax Report module helps an enterprise automate the entire process, from e-invoice management and data aggregation to declaration, tracking tax obligations, and preparing reports on a unified platform. Data is synced with the sales, purchasing, HR, and accounting modules, improving financial-management effectiveness and reducing legal risk.

The standout benefits an enterprise receives include:

• Standardizing the tax-management and declaration process.
• Centrally managing e-invoices and tax data.
• Automatically aggregating figures for declaration.
• Tracking tax obligations in real time.
• Alerting on important deadlines and risks.
• Syncing data between tax, accounting, sales, and purchasing.
• Providing an intuitive tax-reporting system for management and settlement.

Beyond helping the accounting department complete declaration obligations quickly and accurately, SIS Accounting Online's Tax Report module also helps an enterprise build a modern tax-management foundation, improve financial transparency, proactively control risk, and be ready for sustainable growth.