Invoice Management Systems (IMS): An upgrade on fiscalisation Electronic signature device
Electronic signature device

Electronic signature device

What is Invoice Management System?
Invoice Management System (IMS) is an electronic invoice based tax management system used to monitor sales transactions done by clients using fiscal devices.

Clients are required to be registered under IMS and they will be issued with electronic invoice numbers by ZIMRA.

The system (IMS) consists of fiscal devices (i.e. Fiscal Cash Register, Taximeter, Tax Control Disk, Inspection Disk, Transmission Disk, Automated Revenue Machine (ARM) or a Non-Fiscal Device) interfaced to the Invoice Management System software.

Invoice information from the Fiscal Cash Register is submitted to the Invoice Management System Server via three methods:
– Internet (GPRS)
– Wi-Fi (dongle and ethernet)
– By transmission disc at the ARM and by transmission disc at the ZIMRA Offices (tax window).

Why Introducing IMS?
The Invoice Management System has the following advantages:
– Offers self-service facility;
– Provides invoice authentication platform for taxpayers and tax authorities (taxi invoices can only be authenticated on the tax window and internet);
– Allows submission of tax information to ZIMRA; and
– Provides access to Tax information e.g. Legislation, notices and announcements.

Who must be Registered in IMS?
– All clients who are engaged in any formal business regardless of whether they are VAT registered or not;
– The clients must first be registered in SAP and allocated a BP number;
– The clients must have a known physical business address.

When does a Client Deregister from IMS?
– Death of a sole trader;
– On cessation of trade;
– Re-construction of a company;
– Liquidation of a company;
– Insolvency of the business;
– Dissolution of a partnership business.

What happens to the Device on Deregistration of the Client?
– The device must be surrendered to ZIMRA;
– Data relating to the deregistered client will be erased from the device but retained in the IMS system;
– The cleaned device will be allocated to another client.

Reminder for Payment of Tax
Our valued clients are reminded that the Value Added Tax for the month of April 2016 is due on or before the 25th of May 2016.

Disclaimer
This article was compiled by the Zimbabwe Revenue Authority for information purposes only.

ZIMRA shall not accept responsibility for loss or damage arising from use of material in this article and no liability will attach to the Zimbabwe Revenue Authority.

ZIMRA Anti-Corruption Hotlines
Toll Free Econet Line: 0808 190
Toll Free Telecel Line: 0732 880 880
WhatsApp: 0772 135 690
Email:[email protected]<mailto:[email protected]#REPORTTAXANDDUTYCORRUPTION

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