What if a local Tax Agency forces your internationally operating business to automate the process of sending taxes electronically? This was exactly the challenge that our customer, Redevco, awaited.
About the customer
Redevco is a retail real estate investment company, aiming for a green portfolio with offices all over Europe, including Spain.
The challenge
Redevco was obliged to adapt to the new Spanish Tax Agency’s (AEAT) regulations, that required well over 62,000 businesses to send in their tax reports electronically as of July 2017.
These regulations were uncharted territory for everyone. Gathering all details was a challenge on its own, since they only became clear bit by bit during the process of development. Therefore a flexible way of working was required in order to quickly anticipate and adapt to changes caused by these details.
The solution
The answer was to develop an application in our LemonForce® Studio. By working with the Studio we were able to constantly and quickly anticipate these (and any) changes facing us during the process of development.
The LemonForce application we created retrieves tax information on sales and purchase invoices from Redevco’s financial accounting system. The application then translates the information into the third party’s software format and sends it to the Spanish Tax Agency. The results that are returned by the Agency are analysed, resend corrected if needed, and updated within Redevco’s financial accounting system. Hence ruling out any failure.
In conclusion: the LemonForce application is processing and sending tax information 24/7, automatically.
“A complex project with quite a few challenges, but LemonForce helped us to realise our objectives timely and efficiently!”
Tim Baas – Information Manager at Redevco
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