Module · Taxation
Tax returns that tie out, because they come from the trips.
A tax code on every invoice line and withholding tracked per customer means the return is a review, not a rebuild. Every figure opens the invoices behind it.
What it does
Taxation in six parts.
Tax codes on every line
Each invoice and cost line carries its tax treatment from the trip.
VAT workings
Output and input VAT are worked out from the ledger, not a separate sheet.
Withholding per customer
Withholding credits are tracked per customer and applied to the return.
Return schedules
Prepare return figures in the format you file, ready to review.
Due dates
See what is due and when, and what is still missing.
Locked periods
Once a return is filed the period is locked so it cannot drift.
In the product
Taxation on screen.
A sample screen with sample data.
| Line | Basis | Amount |
|---|---|---|
| Output VAT | 48,200 invoiced | 8,676 |
| Input VAT | Fuel, parts, tolls | −3,852 |
| Net VAT | 4,824 | |
| Withholding credits held | From customers | −964 |
| To pay | 3,860 |
Ready to reviewDue 20 NovEvery invoice carries a tax code
Each figure opens the invoices behind it, so the return can be checked line by line before it is filed.
How it works
From first entry to the ledger.
- 1
Code at the source
Tax treatment is set when the trip is booked.
- 2
Work out the return
Corvex totals output, input and withholding.
- 3
Review and file
Drill into any figure, then file from the prepared schedule.
Works with
Connected to the rest of the platform.
No exports and no retyping between modules.
Questions
Taxation: common questions.
Which taxes does it cover?
VAT and withholding are built in. Other taxes and per-country schedules are set up with you, depending on where you operate.
Does it file the return for me?
Corvex prepares the figures and schedules. Your accountant reviews and files them.