New Feature: VAT Capture
By popular demand from our global customers, we have released a new feature for capturing VAT. Now, users will be able to list the VAT amount(s) for an expense. Since the transaction includes the receipt, companies will be in compliance with typical VAT reclaim requirements. Depending on the country, different VAT rate categories can be configured in the system.
This is really nifty and helps with more T&E visibility for stakeholders. Also it makes VAT reclaim for companies a piece of cake (or a piece of pie if you are from Europe:) Simply compile the expenses, list all the VAT transactions and you are ready to report it! Hope you enjoy this functionality. As always, we love to hear from you – firstname.lastname@example.org