“RealVAT ™” is an IT solution dedicated to the management of VAT rules applicable to the operational activities carried out by a company liable to this tax, in accordance with French national legislation. “RealVAT ™” is a solution that is structurally adaptable to other national legislations, particularly in the Community.
“RealVAT ™” is a solution that is functionally and technically different from VAT accounting management solutions, generally used by companies liable to VAT in France. Indeed, their solutions generally organize the automation and systematization of the calculation of the VAT applicable during the only accounting management of the operation, based on static information of the operation actually declared by the different trades.
Due to the high technical tax required to systematize and automate VAT, the strategic nature of this tax and the financial impact of its management, it should be emphasized that the “RealVAT ™” solution is the result of a long, constructive and rigorous collaboration between teams of lawyers dedicated to the practice of VAT and teams of engineers and computer technicians dedicated to strategic IT applications and industrial companies.