What is SmartVAT ?

SmartVAT is a VAT (Value Added Tax) management software designed to streamline and simplify the process of handling VAT-related tasks for businesses. VAT is a consumption tax levied on the value added to goods and services at each stage of production or distribution. SmartVAT is tailored to assist businesses in efficiently managing their VAT obligations, complying with VAT regulations, and optimizing financial processes.

 

SmartVAT

NBR Enlistment

SmartVAT is enlisted by the National Board of Revenue (NBR).

View on NBR Official Website (No. 26)

VAT Software Features

The SmartVAT software has been meticulously crafted based on a thorough analysis of the evolving needs of businesses over the years. Our commitment to delivering a robust and efficient solution has led us to prioritize key fundamentals, ensuring that it meets the highest standards of usability, reliability, flexibility, security, and integration. Here are the main features that set SmartVAT apart.

User-Friendly Interface

NBR Approved

3rd party Integration

Reliability

Data Import & Export

System API Integration

Implementation Model

Assessment and Planning

Begin by assessing the specific VAT-related needs of the organization. Understand the current VAT processes, challenges, and desired outcomes.

Configuration and Testing

Configure the VAT software to align with the organization’s VAT processes, including tax rates, invoice templates, and reporting formats.

API Integration With ERP

API integration with ERP systems offers businesses a competitive edge by streamlining processes, enhancing data accuracy, and improving overall operational efficiency

Deployment Model

On-Premises

In an on-premises deployment, the software is installed and operated locally on the organization’s own hardware and servers. The organization is responsible for maintenance, security, and updates.

Cloud Deployment

Cloud deployment involves hosting the software on third-party cloud service providers’ infrastructure. Users access the software via the internet. Cloud providers handle server maintenance and scalability.

Hybrid Deployment

Hybrid deployments combine both on-premises and cloud-based elements. Certain components or functions of the software run on local servers, while others are hosted in the cloud.

Mushak(VAT & SD Act 2012)

Mushak - 4.3 : Input-Output Coefficient Declaration

Mushak - 6.1 : Purchase Accounts Book

Mushak-6.2 : Sales Accounts Book

Mushak - 6.2.1 : Purchase & Sales Account Book

Mushak - 6.3 : Sales Invoice

Mushak - 6.4 : Invoice of contractual production

Mushak - 6.5 : Invoice for transfer of goods

Mushak - 6.6 : VDS Certificate

Mushak - 6.7 : Credit Note

Mushak - 6.8 : Debit Note

Mushak - 6.9 : Turnover Tax Invoice

Mushak - 6.10 : Purchases/Sales valued 2 lac + Taka

Mushak - 9.1 : Value Added Tax Return

Mushak - 9.2 : Turnover Tax Return