Do you have many suppliers and invoices for which you need to make sure you can deduct the VAT?
Did you know that a single manual check of a supplier on the ANAF website takes between 20 and 40 seconds?
Did you know that the VAT status of the supplier should be checked for each invoice received?
Would you like to have your process automated to help you streamline the work of your treasury and finance departments and minimise the human error risk?
ANAFcheck – Automated checks of partners’ VAT status
Automatic verification of all tax registration codes of suppliers & customers (e.g. data on registration status for VAT purposes, active / inactive taxpayer, VAT collection system, company status):
Available in Microsoft Excel
Easily integrates with SAP or other ERP solution
Can query 10,000 tax registration codes in 10 minutes.
Avoid the risk of VAT non-deductibility purchases from suppliers without a valid or inactive VAT code, which can translate to additional payments
Prevent the risk of human error by automating the interrogation process
Make Tax & Financial Department’s work more efficient
Source: PwC RO
