Skip to main content

Import a tax return and review the extracted data (IDP)

Learn how to import tax returns, check the data Loctax read from them and save it to the entity.

Written by Yuliya Chakhovich

Steps

  1. Select Import at the bottom of the sidebar.

  2. Select Add documents and choose the returns. You can add several at once, such as all the monthly VAT returns of a quarter.

  3. Loctax reads each return with its intelligent document processing. In the Inbox, each file shows the document type, entity, obligation and period it recognized.

  4. Open a file. The return is on the left, with the values Loctax read highlighted. On the right is what it recognized. Select See reasoning to see why.

  5. Check the general properties first: the document name, type, entity, obligation and period. If one is wrong, choose the right one from the list.

  6. Compare each value under Data extracted with the return, such as the filing date and the VAT amounts. If a value is wrong, select it and enter it exactly as it appears on the return. Untick any value you don't want to save.

  7. When everything matches, select Save to entity. The return and its figures are added to the right period of the obligation, and the file moves to Saved to the entity, under All documents.

Good to know

  • You can also send documents to Loctax by email, through an inbound email address for your organization. Discuss its setup with your admin first.

  • Corporate tax returns, and VAT returns from other countries, work the same way.

Did this answer your question?