softgate Tungsten Capture Basic set of rules for capturing invoices

With the help of the basic set of rules developed by softgate for capturing invoices, the relevant information is automatically extracted when invoices are captured with Tungsten Capture in accordance with Section 14 of the German Value Added Tax Act (Umsatzsteuergesetz – UStG), e.g.:

• the full name and address of the supplier and the recipient of the service
• the tax number issued to the supplier by the tax office or the VAT identification number issued to the supplier by the Federal Finance Office
• the date of issue
• a consecutive number with one or more series of numbers that is assigned once by the invoice issuer to identify the invoice (invoice number)
• the quantity and type of goods supplied or the scope and type of the other services
• the date of delivery or other service or the date of receipt of the advance payment, if this date is fixed and is not identical to the date of issue of the invoice
• a) the consideration for each tax rate or exemption
  b) any price reduction agreed in advance, provided it is not already included in the consideration
• the applicable tax rate and
• the amount of tax due on the consideration.

One factor that influences the functionality of a set of rules is the document quality. This means that a correspondingly high readout rate requires a correspondingly high quality of the scanned documents (resolution at least 200 DPI). The image enhancement program Tungsten Virtual ReScan can be used to improve the scan quality or to achieve the required scan quality.

• Automated Data Extraction 
• Compliance with VAT Regulations
• Improved Document Quality