Does VAT4U check invoices for compliance?
Written by VAT4U Team
Updated at October 26th, 2024
Table of Contents
Yes, VAT4U automatically checks invoices for potential non-compliance when a document is uploaded. The system analyzes the image to identify any issues that could affect VAT recovery, focusing on two main areas:
- Missing Information: VAT4U detects if key details, such as the claimant company's name, are missing where they are required.
- Disqualifiers: The system flags documents that are not eligible for VAT recovery, such as proforma invoices, duplicates, credit cards receipts or certain types of transactions.
Additionally, VAT4U considers other factors like invoice amounts and thresholds to ensure compliance.
User decision is key
Please note while VAT4U intends to detect and qualify potential issues, it remains the user’s responsibility to verify and confirm compliance of each document.
