Zambia
SwiftlyBooks in Zambia
SwiftlyBooks keeps books in kwacha, with US dollars beside them, at your rate and the official one. ZRA Smart Invoice is ready for VAT-registered companies, and Intetrix sets it up with you.
| Currencies | kwacha and US dollars, at your operating rate and the official one |
|---|---|
| Tax authority | ZRA |
| E-invoicing | ZRA Smart Invoice, for VAT-registered companies |
| VAT return | VAT return |
| Wallets | Airtel Money, MTN MoMo, Zamtel Kwacha, beside your banks |
| Paying for SwiftlyBooks | In kwacha, by bank transfer against our invoice |
| Prices | From K300 a month |
| Provided by | Kingdom Technology Solutions, A47 Malawi Road, Damview SOS, Chipata, Eastern Province |
What the books keep there
- ZRA's VAT, returned in kwacha
- Turnover tax for companies that pay it instead of VAT
- Withholding tax for residents and non-residents
Questions from Zambia
Does SwiftlyBooks connect to ZRA Smart Invoice?
Yes. For a VAT-registered company, each invoice, receipt and note is signed with ZRA as it is issued. Intetrix sets it up with you.
Can I keep books in kwacha and US dollars?
Yes. Each document posts in its own currency, and the books value it at the official rate for reports and tax.
How do I pay for SwiftlyBooks in Zambia?
In kwacha, by bank transfer against our invoice.