Maybe you file taxes on your own, or you pay a professional to handle it for you.
Maybe you need to file once a year, every quarter, or even every month!
Regardless how you do it, Quaderno tax reports will save you time and money.
How will Quaderno tax reports save you time and money?
Because the reports detail exactly how much tax you’ve collected on sales, in every place where you’re registered. Plus it will show how much tax you’ve paid on business expenses.
And the numbers are updated in real time. You can’t get more accurate than this.
Why is that important?
Because no matter where you’re filing, you need to gather these three pieces of information:
- Sum of all taxable transactions (a.k.a. your sales and purchases) at net value
- Sum of consumption tax charged on these transactions (what you’ve collected from customers and what you’ve paid vendors)
- Your business tax ID (which has different names in different countries)
With Quaderno, you can stop scrambling and number crunching.
In one click, the bulk of your tax filing preparation is already done for you. So you can file your tax returns in just a few minutes.
Or you can download these reports as .CSV files and send them over to your tax professional, saving on expensive time rates. (And if you don't have a tax advisor yet, we'll connect you with a verified tax filing service!)
Sigh… Don’t you just love technology? 🤓
Let’s take a closer look at how it works.
See exactly how much tax you collected
View by country, state, or other jurisdiction
Clarity, at last! All of your tax jurisdictions are automatically organized for you, with every taxable sale in a specific area appearing in a neat list. Here are a few examples!
EU VAT OSS
If you’re selling digital products in the European Union, your EU VAT OSS tax report will look something like this, with each member state summarized in a single row:
If you want in-depth guidance on EU tax filing, read on about how to file EU VAT returns in just a few minutes.
US sales tax
If your business is in the US (or you have economic nexus there), then Quaderno will display the list of states where you are collecting tax.
When you click on a state, you’ll see the full report appear. If the state has local taxes too, the report breaks it down by county. Check out New York:
If you want in-depth guidance on filing in the States, read on about how to file US Sales Tax returns in just a few minutes.
As you can see in the images above, the amount of tax collected is displayed very clearly, for whatever time period you choose. You can see both the amount per transaction and the final total. This kind of itemized detail comes in handy not only for routine tax filing but also for your legal tax records, if the authorities ever have a question.
While you’re here learning, check out these three tricks to boost your business tax return. You might earn yourself a little bonus this quarter!
Keep your business in line between tax filing time
In addition to tax reports, Quaderno offers many other automatic reports that will teach you a lot about your business and help you run a tight ship:
- Sales report
- Expense report
- Balance report
- Product report
- Countries report
- Customers report
- Thresholds report
You can see all of these instantly, with one click. As many as you need. As often as you need. To learn more, check out these 3 essential sales reports to help you skyrocket your online business.
Note: At Quaderno we love providing helpful information and best practices about taxes, but we are not certified tax advisors. For further help, or if you are ever in doubt, please consult a professional tax advisor or the Tax Agency.