Fonoa Features
Tracking (7)
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Sales Tax
Tracks and applies sales tax rates and rules
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VAT
Tracks and applies VAT (value added tax) rates and rules
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GST
Tracks and applies GST (goods and services tax) rates and rules
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Exemptions
Tracks and applies tax exemptions for the appropriate products, transactions, or accounts
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Adjustments
Adjusts sales tax prices for certain products, customers, or occasions where necessary
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Localization
Applies the appropriate local and federal rules and rates
Consumer Use Tax
Integrations (1)
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Integrations
Integrates with ERP, accounting, or other transaction software
Remittance (4)
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Returns
Automates and manages returns and remittance for different jurisdictions
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Notifications
Sends notifications for important tax filing dates
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Global/Cross Borders
Helps simplify duties and cross-border tariffs, such as estimating import taxes
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Analytics
Provides insights and analytics to make informed decisions about tax compliance, tax obligations, tax codes, etc.
Agentic AI - Sales Tax and VAT Compliance (2)
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Autonomous Task Execution
Capability to perform complex tasks without constant human input
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Natural Language Interaction
Engages in human-like conversation for task delegation
Additional Functionality (30)
Secure Data Storage
Securely stores data to prevent data loss or breaches
API
Application programming interface that allows for integration with other systems/databases
Credit Card Processing
Accept and process credit card transactions
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Policy Management
Create, manage, and track policies and procedures within an organization
Multi-Currency
Manage and handle various international currencies
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Cash Flow Management
Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
User Management
Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks
Document Management
Store, manage, and track all electronic documents in a centralized location
Exemption Management
Identify and track situations that legally reduce financial liability
Address Validation
Verifies and confirms the accuracy of an address
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
Audit Management
Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
For eCommerce
Intended to be used by online stores
Client Portal
Private online space that lets businesses securely share documents and provide information access to clients
Document Templates
Customizable sample documents that contain placeholder text or a standard layout that can be repeated for each new file
Tax Calculation
Calculate tax and make deductions on gross income from sources like wages, investments or self-employment
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Data Import/Export
Import and export data to and from software applications
Tax Compliance
Track tax-related transactions, tax remittance and tax reporting for various groups of employees and contractors
Real-Time Data
Receive data and information in real time
Tax Filing
The completion of documentation that calculates earned income and the taxes to be paid, also called a tax return
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Transaction Tracking
Track movement of transactions across accounts
Taxability Verification
Electronic Payments
Electronically collect payments for goods or services
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Workflow Automation
Streamlining repetitive tasks and activities through automated and predefined workflows
