Surat, May 25:We have developed regional compliances for hotels in Panama, UAE, Oman, Iceland and many more countries. In the same lines, we’ve been working on compliance with Inland Revenue Department (IRD) Portal of Nepal. IRD is responsible for the administration of taxes such as value added tax, income tax, and excise duty. They work to promote a fair collection of taxes from businesses and citizens in Nepal.
Considering the hospitality sector in Nepal, when any hotel receives payments, voids transaction or takes a reservation, the revenue generated is to be updated to Nepal government.
On that account, the hotel software that they use must be able to do it automatically whenever a transaction takes place.
eZee’s on-premise solutions, hotel PMS eZee FrontDesk and restaurant POS eZee BurrP! are in the process of upgradation in a way that helps hoteliers in sending the required details to the IRD portal.
With our regional presence in Nepal through our channel partner, Hitech, we are considering the most fundamental to most complex requisites to help the industry in IRD compliance.
We have already redesigned the tax invoice, item wise reports, and audit logs especially to meet the requirements of the IRD regulations.
Complying with the IRD regulations has few benefits mentioned below:
- We’ll be getting certification from IRD, which means that our solutions are approved by the Nepal government.
- Data security is optimized. So, chances of any data leaks are eliminated.
- Security concerns related to the restaurant, hotel or chain of hotels are also taken care of.
- Our solutions are integrated with IRD portal which enables quick data sharing.
Additionally, the IRD regulation requires all the hotels to keep their data servers in Nepal, even if the hotel is having its branches out of the country. This way, hotels in Nepal under IRD regulations will definitely prosper and won’t have to do all the stuff manually by using eZee NextGen solutions.
When any hotelier or restaurateur uses eZee software, they just need the credentials to log-in and this way in a single click, the daily revenue details are sent to the IRD via our on-premise PMS and restaurant POS system itself. So, costs incurred on sending the reports via a representative is eliminated.
We’re always on our toes to meet the changing requirements of the hospitality industry. IRD is one such compliance that we need to adhere by, for our users in Nepal.
Get in touch with our 24×7 live support to know more about IRD certification.
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On-premise PMS eZee FrontDesk On-premise restaurant POS eZee BurrP!
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