Electronic Fiscal Device Management System (EFDMS)
To collect tax, is one of the major factor that helps in economic growth of a country. EFDMS is used for optimizing the revenue collection in tax administrations. Unlike second generation system, where all fiscal devices use a simple GPRS connection to the revenue authority servers and send their reports and/or fiscal receipts in predefined time intervals, the third generation EFDMS eliminate all risks of fraud and add additional security to this connection. It collects all the data offline and at the end of the day sends the collected data to the VAT department online.
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