Send VAT deposit from incoming payments to VAT account
Send VAT deposit from incoming payments to VAT account
You get campaign payments and manually calculate VAT, delaying reconciliation and risking missed deposits. Automatically compute VAT and send the tax deposit so records update before monthly close.
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Overview
If marketing teams collect payments for campaigns or events, manual VAT handling slows reconciliation and creates audit gaps. This flow computes VAT on qualifying receipts and moves the tax amount to your VAT account within minutes, so finance and ops see deposits recorded before month-end.