KRA ETIMS INTEGRATION
KRA ETIMS INTEGRATION
As a premier SAP Business One ERP software partner in Nairobi, Goldvein Solutions is committed to empowering businesses to thrive amidst the digital evolution. With a deep understanding of the challenges faced by companies in today’s dynamic markets, Goldvein Solutions has emerged as a trusted advisor in navigating the ever-evolving software landscape and optimizing operations across various industries, including manufacturing, distribution, oil & gas, leasing, and retail.
Recognizing the crucial importance of compliance with the Kenya Revenue Authority’s (KRA) Electronic Tax Invoice Management Solution (ETIMS), Goldvein Solutions has built expertise in seamlessly integrating SAP Business One with ETIMS. As a KRA-accredited software integrator, Goldvein Solutions ensures that businesses can effortlessly comply with the e-invoicing requirements mandated by the KRA.
The ETIMS initiative aims to promote transparency in transactions, prevent fraudulent activities, and reduce the occurrence of false refund claims. Goldvein Solutions understands the intricate details of the ETIMS platform and has developed tailored solutions to integrate SAP Business One with ETIMS, enabling real-time transmission of sales transactions to the KRA for the generation of e-receipts and e-invoices.
By leveraging Goldvein Solutions' expertise in SAP Business One and ETIMS integration, businesses can benefit from:
- Seamless Compliance: Goldvein Solutions ensures that businesses can effortlessly comply with the KRA’s mandate to issue e-invoices or e-receipts for every business supply made, regardless of whether it is exempt or taxable.
- Real-time e-Invoice and e-Receipt Generation: Sales information captured in SAP Business One is transmitted to the KRA in real-time, facilitating the generation of e-invoices and e-receipts with unique identifiers like Fiscal Document Number (FDN), Invoice Identification Number (InvoiceId), QR Code, and Anti-Fake Code.
- Secure Data Transmission: Goldvein Solutions implements robust encryption protocols, leveraging the public key infrastructure server to ensure secure data transmission between the business and the KRA.
- Streamlined Tax Compliance: By integrating SAP Business One with ETIMS, businesses can easily match input tax and output tax, reducing the challenges associated with tax reconciliation and refund claims.
- Digital Record-Keeping: ETIMS promotes a completely digital platform, minimizing the risk of lost records and facilitating efficient data management and retrieval.
Goldvein Solutions’ commitment extends beyond implementing industry-specific SAP Business One ERP systems; the company provides comprehensive training and ongoing support to ensure that businesses can confidently harness the software’s power to enhance efficiency, gain valuable insights, and achieve sustainable growth.
With a comprehensive suite of business technology solutions, including CRM, Business Intelligence (BI), reporting, payroll, and warehouse management, Goldvein Solutions caters to both cloud and on-premise needs, ensuring that specific requirements are not just met but exceeded.
Businesses in Nairobi can rely on Goldvein Solutions as their trusted SAP Business One ERP software partner, enabling them to navigate the digital landscape, optimize operations, and achieve sustainable growth while maintaining compliance with the KRA’s e-invoicing requirements through seamless ETIMS integration.