Compare to NAV – NAV vs. ERP invoice analytics comparison

Does your company lack sufficient tax advisory capacity? Would more effective VAT analytics control be important? Is a tax audit underway and are there significant discrepancies between the data provided by the NAV and the data in the ERP system? Does it take a long time to compare VAT analytics with the data in the NAV online invoice database, or are such checks not performed at all? If the answer to any of these questions is yes, our latest development is designed for you.

Preparing VAT returns and related data reports is a time-consuming and energy-intensive task for every business. Comparing VAT analyses with the NAV online invoice database takes at least as long, if it happens at all.

What could be the solution? How can we help? With version 3.0 of the NAV online invoice database, it is possible to compare the invoice data available to the company with that in the NAV database. What does this mean in practice?

In collaboration with our company’s tax and IT experts, we have developed a Windows-based application that can be run on multiple computers and compares the data content of invoices exported from the company’s accounting programme with the online invoice information provided by the National Tax and Customs Administration (NAV). The application performs multi-faceted checks, flags any errors, performs automatic corrections as required, and accurately identifies invoices that show discrepancies or are completely missing from the NAV or customer VAT analytics.

What are the benefits of using our application?

• We develop our applications individually for each customer, so they do not receive a boxed application, but exactly what they need.
• Our application does not require any development or connection to management software.
• Data reporting is significantly accelerated, and data is displayed accurately and available for comparison with the data uploaded by the issuer.
• Given that the data is verified against the NAV online invoice data, the number of potential errors is radically reduced.
• Our application can be supplemented with additional functions, and our services can even be used in an integrated manner (VAT Checker – checking domestic and EU tax numbers, complete retrieval of buyer and supplier invoice data from the NAV online invoice system, preparation of Community summary statements).
• Our technical solution includes numerous verification functions, including comparison with any data available from the NAV online invoice database (tax number, invoice number, company name, etc.), order of magnitude verification, invoice number verification, and any other verification functions required by the customer.
• We develop applications with fast turnaround times and short delivery deadlines.

If you like our offer, please contact our experts at the contact details below so that we can familiarise you and your colleagues with our application in detail and save you time, starting as early as tomorrow. We can even demonstrate how the application works in practice online. Make an appointment today.