Introduction of e-Invoicing in
Zambia
Electronic Invoicing System: Smart Invoice is an electronic invoicing system that requires taxpayers to record all transactions through approved solutions and transmit invoice data to the ZRA in real-time.
Multichannel Support: The system supports mobile apps, online platforms, and desktop applications to accommodate different types of taxpayers, such as those subject to turnover tax and rental income tax.
Security: Smart Invoice emphasizes security with encryption, secure transmission methods, authentication, and data access controls to protect sensitive financial data.
Real-time Verification: Each invoice generated through Smart Invoice will have a Quick Response (QR) code that taxpayers can scan using a mobile application to verify the authenticity of the invoice.
Phased Implementation: Smart Invoice will be introduced through a pilot program before a full rollout.
Legal Requirement: Using Smart Invoice will be mandatory, and non-compliance will result in penalties.
Cost Savings: Smart Invoice helps to reduce costs associated with paper use, printing, postage, and manual data entry and storage, as well as minimizing errors and related fines and interest.
Environmental Sustainability: By reducing the use of paper invoices, Smart Invoice also supports environmental sustainability.
Key Points of Fiscal Regualtion
ZRA communicates with taxpayers and their invoicing systems through the Virtual Sales Data Controller (VSDC) API, which serves as a bridge between third-party invoicing solutions and the Smart Invoice system.
The VSDC API uses secure communication protocols, including encryption and authentication with a unique security key generated for each device, and operates with a REST architectural style over HTTP, exchanging data in JSON format with supported operating systems including Windows 10+, Unix, and Linux.
ZRA
Authority
API
Communication
QRcode
Validation
The Shift from Traditional ESDC Solution to VSDC (e-Invoicing) Solution
The world of fiscal solution is evolving! The conventional, hardware-focused ESDC solutions are making way for software-based e-invoicing solutions.
Traditional hardware ESDC systems, while effective, are tethered to custom-built hardware. These systems log all sales data and daily summaries via fiscal modules. Nevertheless, they come with their fair share of challenges.
In contrast, VSDC (e-invoicing) solutions are the new-age heroes. These software-based solutions periodically synchronize data with government fiscal server, offering an array of benefits.
Weekness of ESDC Solution
The production and supply of custom hardware can be quite a hurdle.
Hardware-based solutions up the ante when it comes to maintenance, especially in rural regions.
Merchants need to shell out hefty sums for procuring these devices, thereby straining their finances.
Benifits of VSDC (e-Invoicing) Solution
Lower the threshold for tax collection, effectively increasing coverage and boosting government revenue.
Operate on most general-purpose hardware, reducing initial investments for merchants.
The power of technology enables remote troubleshooting, saving merchants valuable time otherwise spent on the road.
The subscription-based model lightens the initial cost burden on merchants, giving them the flexibility to discontinue the service based on their business needs.
Dealers can enjoy a steady stream of income through subscriptions, which often surpasses the total revenue from hardware solutions.
Offer the possibility of software iteration to provide more management functions and customization capabilities, better assisting store owners.
Seamless
e-Invoicing with EazSell Solution
Say goodbye to manual invoicing and hello to efficiency with EazSell's groundbreaking VSDC (e-Invoicing) solution. Seamlessly integrate with ZRA fiscal API, and effortlessly upload real-time receipts to their secure servers.
Stay compliant, save time, and gain peace of mind knowing that your invoicing is accurate and hassle-free. Experience the power of automation and take your business to new heights.
Empowering Businesses with Cloud and Mobility Solutions
Embrace the power of EazSell Cloud and EazSell Mobility, our cutting-edge solutions designed for all types of businesses, available on both WEB and PC platforms, as well as the Android system.
Whether you're operating a small boutique, a chain store, or even a large-scale hotel, we have the perfect solution tailored just for you. Our sophisticated tools are primed to transform your business, catalyzing exceptional growth and streamlining operations like never before.
Sell Anytime, Anywhere with Multi-Platform Ability
Embrace the freedom to sell anytime, anywhere. EazSell solution enables seamless available in multiple platforms, including computers, PC POS systems, tablets, Android POS and smartphones. Stay connected, stay productive, and stay ahead of the competition with EazSell. The power to grow your business is now in your hand.
Elevate Businesses with ERP Integration
Eevate business to new heights with EazSell OpenAPI integration with renowned ERP software.
Seamlessly connect with leading systems like Sage, SAP, and Quickbooks to streamline operations and unlock unprecedented efficiency.
Some additional benefits of EazSell
Offline Selling
Empowers business with offline sales capabilities. No matter where you are, keep your business running smoothly.
Gain Insights
Gain valuable insights and make data-driven decisions with EazSell comprehensive reporting functionality.
Stock Optimize
Take control of your inventory with EazSell advanced inventory management capabilities.
Progress Update
We are committed to providing real-time updates on the progress of our project.
Seeking Partnership
We eagerly look forward to collaborating with local partners to introduce a new generation of solutions to the Tanzanian market, expanding the reach of our e-Invoicing solutions.
We are confident that, with the strong support of our partners, we will quickly offer a new option to the market by customizing our products to comply with the fiscal regulation.
Engage with us, as we strive to meet the legal requirements and go a step further in providing innovative solutions. Together, we can achieve more!
Development Budget
We will complete the compliance development of our product in the shortest possible time, ensuring it meets all regulatory requirements.
But that's not all! We are committed to listening to our partners, understanding their needs, and making localized modifications and feature customization to our product. This will make our product more market-friendly, ready to serve a broader range of merchants. Let's innovate together, for a more efficient tomorrow!
$5000
Estimate Cost
For single EazSell Product
2 weeks
Estimate Time
For single EazSell Product
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