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The system is smart enough to know VAT rate, currency, banking information required etc for each country.
by vanyaiam 2y ago
The system is smart enough to know VAT rate, currency, banking information required etc for each country.
- Kiro 2y agoWhat about other things? In my country there are a few requirements that are unique (e.g. showing what kind of bracket your company is in and what services you are allowed to offer). There are also special rules dictating how the serial number is formatted and incremented.
- vanyaiam 2y agoIm currently going case by case till i have everything right. Im currently trying to talk to every user who bought the package, and making sure everything is good for their country. Thats why i made the free trial, so users can see what it is before they pay. I never want to take money from anyone if i cant provide value. Please forgive me for not having the perfect product. I just launched it.
- Kiro 2y agoMost users don't know the actual requirements so putting the responsibility on them is wrong. That's why you normally make invoices in trusted accounting software specific for your country. Just this year new requirements and laws kicked in and the invoicing software needs to be updated accordingly.
- Phelinofist 2y agoI don't want to be mean, but I kinda doubt this. The regulations greatly vary by country, are complex beasts most of the time and require a lot of information from other system (POS, ERP, ...). Do you have any documentation that outlines what you support? I did this for a company developing retail software closely related to SAP and still have some PTSD from time to time.
- Xylakant 2y agoDoes it know things such as reverse charge and when to apply it, the requirements to apply the customers VAT rate (depending on whether you're cross border shipping physical and/or digital products), the VAT rate depending on the actual product, VAT MOSS, ... I sincerely wish you the best, but I would advice being careful with any such statement because getting it wrong means a lot of pain for your customers that trusted your word.