Features
Tax and e-invoicing, ready on day one
SwiftlyBooks keeps VAT as you go and fills the return from your own documents. It signs each invoice with the tax authority as it is issued: ZIMRA fiscalisation for VAT-registered companies in Zimbabwe, and ZRA Smart Invoice for VAT-registered companies in Zambia. Intetrix switches it on with you.
- VAT on every line, in each document's own currency, at the rate on that invoice.
- The return filled from your books: the VAT 7 in Zimbabwe, the VAT return in Zambia.
- Withholding tax taken where the law says, such as from Zimbabwean suppliers without a valid ITF263.
- A fiscalised document changes only through a credit or debit note, as the law expects.
| Zimbabwe | Zambia | |
|---|---|---|
| Tax authority | ZIMRA | ZRA |
| E-invoicing | Fiscalisation through FDMS | ZRA Smart Invoice |
| VAT return | VAT 7, in US dollars and ZiG | VAT return, in kwacha |
| Withholding tax | Suppliers without a valid ITF263 | Residents and non-residents |
| Also | IMTT on money transfers | Turnover tax, for companies that pay it instead of VAT |
The guide: ZIMRA fiscalisation: what VAT-registered businesses need to know
The guide: ZRA Smart Invoice: what Zambian businesses need to know
Common questions
Who switches on fiscalisation?
Intetrix, with you, once your fiscal device or VSDC is registered with the tax authority: for a VAT-registered company, in Zimbabwe and in Zambia.
Can I use SwiftlyBooks without fiscalisation?
In Zimbabwe, yes: a company that is not VAT-registered keeps its books and invoices as usual. In Zambia every business must invoice through Smart Invoice, and SwiftlyBooks connects VAT-registered companies to it.
Can I correct a fiscalised invoice?
Only through a credit or debit note, which is signed with the tax authority in turn.