Experienced Tax Compliance in Billing System
Unlock financial freedom with our tax engine!
Rainex empowers you to grow your business internationally and remain tax compliant. We simplify your billing, effortlessly calculating VAT, sales tax or GST in your invoices.
Grow effortlessly, build a solid reputation and set the stage for future success with our platform, which embraces smart billing and a tax-aware approach.
How it works
Just picture this – you are selling your product all over the world. Each country has different tax rates and even tax names. Sometimes you must charge customers based on their country’s tax rate, in other cases, it’s your own country’s rate, and in yet another, no tax is applicable at all.
With Rainex, tax concerns during invoicing are eliminated. We tailor tax rules precisely to your specific case.
We take care about correctness of tax in your invoices
All we need from you:
- fill in your product address
- specify your customer’s billing address
- and don’t forget to enter the Tax ID of your customer, if you deal with business entities.
You may use Default Tax Rules, which are already implemented in our billing platform,
if you are not sure what tax rules must be applied.
Our team of tax specialists ensures that all tax rules are up-to-date and undergo continuous cross-checks.
Check it out for yourself with a free trial!
Customize Tax Rules
You are not limited to the built-in data. You have the option to customize Custom Tax Rules to cover exceptional cases. Customize your tax rules in just three easy steps:
Step 1
Go to the Custom Taxes bar and add a new tax rule. You can create as many tax rules as you need or wish.
The more detailed a tax rule is, the more significant its impact when compared to other tax rules in the sequence.
Step 2
Fill in consequently the fields referring to product and customer country and type of service, because tax may vary depending on whether your product is online or physical and the status of your customers.
Step 3
Select the rule defining the tax rate and tax name.
Tax value may be defined by:
– your country tax rate;
– tax rate of your customer’s country;
– manually specified tax rate and name;
– including no tax in your invoices.
Result
Once you’ve completed these three steps the magic happens – tax name and percentage will automatically appear in your invoices!
Now you can download your invoice, send it by e-mail or print, if necessary.
Need help with customization?
Book a demo and our tax experts will be more than happy to explain everything and set up the rules with you!
What do you get?
Rainex makes billing easy and ensures taxes are calculated right in every part of managing your subscriptions.
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Accuracy
Automatic tax calculation minimizes the risk of manual errors, ensuring that the tax amount on your invoices is accurate and compliant with current regulations.
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Financial Transparency
You gain clearer financial visibility as the system provides accurate and up-to-date information on tax liabilities, helping you plan and make more informed financial decisions.
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Compliance
Take away the need to constantly keep up with the norms of ever-changing tax laws and regulations in every country of business. Maintain compliance effortlessly!
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Threshold Notification
Regular threshold checks are vital to proactively manage tax liabilities, maintain regulatory compliance, and avoid potential financial risks. Stay ahead of the curve by prioritizing threshold checking.
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Savings
Rainex saves time and human labor that is regularly wasted on routine work tasks. Automation allows you to invest your most valuable and limited resources to grow your business.
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Secure Transactions
Accurate tax rate definition shields your business against risks from incorrect calculations and IRS or your partners’ claims.
What’s coming next?
Rainex is currently enhancing a powerful feature for streamlined tax management, providing users with an all-in-one solution to easily control and manage taxes within the platform. This transformative update promises even greater convenience and efficiency.
What’s coming next?
Rainex is currently enhancing a powerful feature for streamlined tax management, providing users with an all-in-one solution to easily control and manage taxes within the platform. This transformative update promises even greater convenience and efficiency.
Threshold Notification
Regular threshold checks are vital to proactively manage tax liabilities, maintain regulatory compliance, and avoid potential financial risks.
VAT Number Validation
Our platform will check the validity of VAT numbers, ensuring that your business is dealing with legitimate entities and complying with legal requirements.
VAT Rate Definition by Address
Rainex can be your ally in VAT rates for jurisdictions around the world. Easily determine tax rates by entering an address or zip code, covering city, county, and state calculations.
Tax Forecasting
Plan for success with our powerful forecasting tools. Get a clear view of your future revenue and associated taxes. Make informed decisions that drive your business forward.
Q2 2024
Q3 2024
Q4 2024
VAT Number Validation
Our platform will check the validity of VAT numbers, ensuring that your business is dealing with legitimate entities and complying with legal requirements.
Tax Forecasting
Plan for success with our powerful forecasting tools. Get a clear view of your future revenue and associated taxes. Make informed decisions that drive your business forward.
VAT Rate Definition
by Address
Rainex can be your ally in VAT rates for jurisdictions around the world. Easily determine tax rates by entering an address or zip code, covering city, county, and state calculations.
Q1 2024
Threshold Notification
Regular threshold checks are vital to proactively manage tax liabilities, maintain regulatory compliance. Stay ahead of the curve by prioritizing threshold checking – a fundamental step in safeguarding your business against unforeseen issues.
Q2 2024
VAT Number Validation
Our platform will check the validity of VAT numbers, ensuring that your business is dealing with legitimate entities and complying with legal requirements.
Q3 2024
Tax Forecasting
Plan for success with our powerful forecasting tools. Get a clear view of your future revenue and associated taxes. Make informed decisions that drive your business forward.
Q4 2024
VAT Rate Definition by Address
Rainex can be your ally in VAT rates for jurisdictions around the world. Easily determine tax rates by entering an address or zip code, covering city, county, and state calculations.
Turn a complex billing process into a seamless experience!
Make the best decision of the day. Discover Rainex!
Book a demo and our tax and billing experts will be more than happy to explain everything to you.