Reports & Exports, Taxes & Invoicing
Does Octobat collect tax for me?
No. Octobat’s tax calculation application can be used by you in your existing check flow in order to calculate the correct tax for your customers, enabling you to charge them the correct overall amounts. Octobat also enables you to calculate and prepare reports of taxes you have collected to assist you in remitting taxes to the relevant tax authorities. Octobat does not actually collect any money on your accounts or pay any taxes you may owe.