Business Transactions

Country Version Russia automatically calculates and posts VAT as required in Russia. It handles additional VAT requirements relating to the construction of assets for your own use, and goods exports.

It allows you to post all accounting documents as required by the law, with one credit item for every debit item, and vice versa.

You can also print out business documents, such as invoices and cash disbursements, in the required format.

Statutory Reporting

You can use the system to prepare all general purpose financial statements, and prepare tax returns for VAT (value-added tax), profit tax, property tax, and transport tax.