Finance guides
Tax
Multi-country tax compliance — profiles, generated obligations, filings and payments for Nigeria, UK, US and Canada.
Watch: Tax in 90 seconds
What it does
Tax runs the compliance calendar so you don't keep it in a spreadsheet: country-aware tax profiles generate obligations with due dates and amounts, filings move through a prepared → submitted → accepted flow, and the overview grades your overall compliance health A to D.
The tax overview
Key concepts
- Profiles — one per country/entity: Nigeria, UK, US (state-level) and Canada (provincial) are supported, each with the right registrations (TIN, VAT number…) and fiscal year.
- Obligations — generated per profile and period; each tracks taxable amount, tax, credits, penalties, payments and balance due.
- Filings — prepare from finance data (Populate Form → Validate → Generate PDF → E-File Prep), then track submission and acceptance.
- Change history — every mutation shows field-level diffs with the actor, human or agent.
Obligations and deadlines
The workflow
- New Tax Profile — country, tax IDs, fiscal year start, business type.
- Generate Obligations — pick the year and quarter; obligations appear with due dates on the compliance calendar.
- Work each obligation: Sync Finance pulls VAT/WHT from your invoices and expenses, Record Payment logs what you've paid, Prepare Filing builds the form.
Settings & permissions
The module is gated by tax module access. Deductions include a depreciation engine (straight-line, declining balance, MACRS), and the built-in tax intelligence answers country-specific questions with references.
Related
- Accounting — the source of the numbers obligations sync from.