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As you might already know, KRA has introduced a new way to generate invoices for tax purposes, the eTIMS system. Taxpayers must now integrate their ERP with an eTIMS software to upload and generate invoices on the eTIMS portal.
While integrating with the new eTIMS software, taxpayers can choose from different types of eTIMS solutions. Two of the most common eTIMS solutions are Virtual Sales Control Unit and Online Sales Control Unit, VSCU and OSCU for short.
VSCU and OSCU are solutions that allow for system to system integration between the taxpayer’s invoicing/ERP system and eTIMS. KRA recommends taxpayers with numerous transactions/bulk invoicing to use these solutions for generation of invoices. However, OSCU is great for businesses that are completely online, whereas VSCU is great for businesses whose operations are not entirely online.
There is a specific setup to follow that is different for VSCU and OSCU. But there is a common process to follow for onboarding before you sign up for OSCU or VSCU.
The steps to get access to eTIMS are the same, irrespective of whether you choose the VSCU or OSCU solution. So, let’s see these common steps first:
Integrating with eTIMS helps businesses to manage their invoices better and claim for business expenses. This transition can be successful only when you choose the right type of eTIMS solution. While the VSCU and OSCU work effectively in the automation of invoices, it is important to look at their features carefully and choose the one that suits the nature of your business the best.
FAQs on eTIMS in Kenya
Instant e-Invoicing with TallyPrime’s eTIMS Solution
VSCU and OSCU – A Beginner’s Guide to Setup
A Guide to the Different Types of eTIMS Solutions
eTIMS Onboarding for VAT and non-VAT Businesses
Step-by-Step Guide to Onboarding on eTIMS