Tax Configuration
With ChargeMonk's tax management at your service, you can configure taxes better. The taxes are the same old however; you can bill globally and still stay compliant.
EU VAT Validations
With ChargeMonk calculate and collect sales, VAT and then be rest assured as we shall deal with it. Your tax charges are calculated from the most current tax rates, rules, and jurisdiction information. We take care of everything right from VAT compliant invoices, or validation to check for the VAT number in case of B2B transactions.
Credit Notes Management
ChargeMonk has made taxes to become very simpler. It helps your accounting and finance team to close their books faster. Credit notes management helps to handle all extreme cases, reversals and credit taxes. ChargeMonk makes it a point to serve the customers but at the same time also to stay compliant.
Customized Taxation Management
ChargeMonk's customized taxation management system helps to manage multiple tax rates for products which vary according to the state or province along with a change in region-based taxes. Just upload the CSV's for your tax rules and then let the system automate the entire process.
Tax Exemptions
It might become tedious to manage taxes for services like charitable or religious organizations where taxes aren't applicable. Here ChargeMonk comes to the rescue by marking such customers as exempted as taxes aren't applicable to them.