Fiscal Solutions
- Home
- Fiscal Solutions
With Softek's fiscal tax solutions, your business will have devices authorized by the Treasury Department to capture and transmit Sales and Use Tax (SUT) data and generate the tax control number required by the Puerto Rico Department of Treasury.
Softek's Fiscal Network is an independent and unique mechanism designed to automate the capture and transmission of fiscal data to the Government of Puerto Rico. It is used to register, communicate and periodically audit transactions that take place in all point of sale businesses in Puerto Rico.
Through our fiscal solutions, sales transactions (cash, checks and cards) are automatically captured and transmitted to the Puerto Rico Department of Treasury.
CONTACT US
info@softekpr.com
The Sales and Use Tax (IVU) Fiscal Program is a IVU control program, which uses technology to ensure that the tax collected by businesses from their customers reaches the Treasury Department, as required by law.
Department of Treasury,
Government of Puerto Rico
Know the Treasury requirements
Softek's team is the merchants' ally. In addition to providing fiscal tax solutions, we share important information about the requirements that the Department of Treasury demands from merchants to capture and transmit IVU data, and generate the tax control number.
- A merchant must have devices authorized by the Puerto Rico Department of Treasury to capture and transmit IVU data and generate the tax control number.
- If the merchant has an aggregate sales volume of and/or exceeding $125,000 annually, it is required to install and maintain a fiscal solution.
- If the merchant has an aggregate sales volume exceeding $1 million per year, it is required to have a fiscal solution integrated into the cash register.
- Merchants that sell prepared foods, that generate an aggregate annual sales volume exceeding $125,000 annually and that meet the requirements established by the Department of Treasury, may charge a reduced IVU rate of 7% instead of 11.5%.
- If a merchant fails to comply with its obligations with the Department of Treasury to capture and transmit IVU data, and generate the tax control number, it could receive a violation of $20,000 or more.
Register your transactions and comply with the law
Alternatives
for your business
Electronic device that connects the cash register and the printer to capture the sales information automatically and issue a fiscal control number.
Requirements:
Point of sale program must print data as text (not PDF or Jpeg).
Have external printer to the cash register with serial connection or TCP/IP connectivity.
Connection:
Direct connection via the Internet.
Application designed by Softek that allows customers who do not have a POS or electronic cash register (ECR) to register and submit sale and IVU tax information to the Puerto Rico Treasury Department from a cell phone or tablet.
Requirements:
Smartphone or Tablet with Operating System:
Android 4.4 + or iOS 9.3 +.
Stable internet connection
A tax solution on the Internet (cloud) that captures and transmits data in real time. TxCloud does not require any physical device. It is ideal for merchants with multiple points of sale that have the ability to modify their applications.
Requirements:
Requires a Point of Sale (POS) program certified with the TxCloud solution.
Ability to make changes at your point of sale.
Internet connection, with stable internet service.
It allows businesses that do not have a POS system and/or compatible cash registers to egister the sales information, the sales and use tax (“IVU”) and generate a receipt with the fiscal control number. The terminal is specifically designed for businesses that:
Do not accept electronic payments.
Accept electronic payments through banks or and independent sales and processing organizations that do not generate the fiscal control number.
Connection
GPRS or Wi-Fi
Fiscal Terminal with automatic data capture through web services. A single TxServer is capable of supporting multiple Point of Sales over Ethernet. This solution is guaranteed to provide seamless integration to your existing business workflow.
Requirements:
For stores with more than 3 and up to 15 cash registers (Ideal for Supermarkets).
General Requirements
IP Terminals
Internet connection through an ethernet port no more than 4 feet from the point of sale.
Wireless terminals / GPRS
Certify that the equipment will be installed in an area covered by one of the following carriers: AT&T/Liberty, Claro or T-Mobile.
Service Plans
Softek offers a variety of service plans, depending on the needs of each business. When you choose quarterly or annual offers, you receive significant savings.
Monthly
-
Per month (no discount applies)
Quarterly
-
Per month (33% discount)
Annual
-
Per month (discount of 44%)
Note: Prices only include the capture and transmission of fiscal data to the Treasury Department, per unit.
*It does not include the rental price of the unit, nor the SIM card, nor the cost of programming and installation.
Some of our business partners
Contact us for more information and services
Our team is ready to assist you in a personalized way, and offer you Softek's products and service according to your business needs.
