Digital 65A – For automating VAT returns

Does it take a long time to complete the VAT return? Is your accounting programme unable to generate the data required for your tax return? Not enough tax advisor capacity to complete tax returns? Are there often discrepancies between VAT analytics and the NAV online invoicing system? If the answer to any of the above questions is yes, then we recommend our Digital 65A application as a solution.

Preparing VAT returns and related VAT analyses is a complex and time-consuming task. In the case of manual compilation, the risk arising from incorrect data entry is significant due to the complexity involved.

Risks arising from manual processes can be minimised by automating the preparation of returns and analytics.

In cooperation with our company’s tax and IT experts, we have developed a Windows-based application that can be run on multiple computers and compiles VAT returns from the customer’s accounting data . Using the modules designed for this purpose, it also compiles the M forms and the ‘A60 summary statement’ for reporting community transactions, and produces the analytics for each line. The application performs multi-faceted checks, flags any errors, and performs automatic corrections as required. Our system then generates the file structure specified by the NAV, allowing the data to be easily imported into the VAT return form.

What are the benefits of using our application?

• We develop our application 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.
• The preparation of the tax return is significantly accelerated, and the data is displayed accurately and compared with the data uploaded by the issuer, making it readily available.
• If the customer has a significant number of incoming invoices, it is possible to first send the data report in M format to to submit data on the M sheet, and then, after the data has been checked against the NAV online invoice data and any necessary corrections have been made, the 2365A declaration forms can be generated in the second round by loading the now cleaned file.
• 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).
• Comparing data with NAV online invoices also radically reduces the number of potential errors in outgoing invoices.
• When comparing the ‘65A tax return and the ‘A60 summary statement, the programme will generate an error message even for discrepancies of as little as HUF 1,000, in order to ensure full data consistency as required by the Hungarian Tax and Customs Administration (NAV).
• 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.
• Machine data aggregation eliminates discrepancies between tax returns and analytics that can occur with manual compilation.
• If required, the application can also be adapted to the eÁFA system introduced by the NAV on 1 January 2024, thereby enabling the simultaneous realisation of the benefits of automation and the higher level of validation provided by the NAV.
• We develop applications with fast turnaround times and short delivery deadlines.

If our information has caught your attention, request an online presentation, where our experts will briefly explain the possibilities and advantages of the programme.