Highly adaptable to Brazilian tax requirements, JD Edwards assists the company in its tax management with great precision and confidence.

A key factor for a company to succeed in its segment is to act in accordance with the law! And this is only possible when one is attentive to the Brazilian tax scenario. But this is not a simple task, as the country is known worldwide for the complexity of its tax system.

To deal with these bureaucratic issues, the entrepreneur must have a team of professionals trained to manage the accounting of his business. In addition, a strategic decision is to invest in another important ally: technology. There are several software solutions that facilitate tax management and avoid errors that harm the accounts and credibility of companies.

Among these solutions, Oracle's JD Edwards stands out! Highly adaptable to Brazilian tax requirements, JDE helps the company navigate this complex scenario with great precision and confidence.

Why is the Brazilian tax landscape so complex?

It is not news that the Brazilian Tax System is one of the most complex in the world! Its complexity encompasses the high tax burden, calculation of fees, and extends to the mere understanding of its operation, which makes it a challenge for those who deal with this type of task on a daily basis.

An example is the ICMS (Tax on the Circulation of Goods and Services), which has state jurisdiction. However, each of the 27 Brazilian states has its own legislation regarding the tax, which makes the routine of entrepreneurs who serve the entire country even more difficult.

If we add the ISS (Imposto Sobre Serviços) in this scenario, a municipal tax, we multiply this problem by the number of cities in the country with their specific legislation. And there are still federal taxes, which are under the responsibility of the Union.

In other words, it is a complex scenario even for those who deal with the subject on a daily basis because there are many specificities and they tend to undergo changes from time to time. Therefore, companies must pay special attention to tax management in order to avoid the heavy fines that can arise if taxes are not paid correctly.

Tax Management with JD Edwards

Given the particularities that the tax system requires from entrepreneurs, one way to simplify business management is to invest in innovation and technology. After all, there are tools that contribute to acting in accordance with the laws, such as adapted software!

For companies looking for efficiency when processing tax information, JD Edwards is an assertive solution, as it is one of the most modern and efficient ERP systems on the market when it comes to managing operational and production processes.

With JD Edwards, the company will have an easier time assigning information and automating each process. You can configure the system to calculate taxes as:

• IPI (Tax on Industrialized Products).

• ICMS (Tax on Circulation of Goods and Services).

• PIS/PASEP (Social Integration Program/Public Servant Asset Formation Program).

• COFINS (Contribution to Financing Social Security).

In addition to processing the information, the system is able to assist the company in managing invoices and tax reports, among other demands required by legislation.

With that, JD Edwards is a very comprehensive option to be sure of a reliable and assertive tax management!

Implement JD Edwards in your company with Go On Associated

A company specialized in offering business management support solutions, Go On Associated has extensive experience in Oracle's JD Edwards ERP and has a team of professionals trained to provide the best solutions and compositions that meet the needs of each client and organization.

And, of course, this involves providing a path to meet the requirements of the Brazilian tax landscape. With the help of Go On's team of experts, you can enjoy the best of the JD Edwards system according to your business routine.

Get in touch and find out how to achieve this goal in an assured and practical way!