"The name is Sherlock Holmes and the address is 221b Baker Street."
The world's favourite consulting detective has emerged from the fog. He is edgy, contemporary, stubborn, difficult and dangerous. Yet, he has successfully mesmerised his audience with slow motion fist fights and savant-like ability to see what is invisible to the common man. And, with over 200 movies and a universally acclaimed series starring Oscar-nominated Benedict Cumberbatch, Holmes has been raking in the big bucks for the production houses.
Holmes' daredevilry is an outcome characterized by uncertainty. Fast forward to the 21st century, the business ecosystem can be more bewildering than the rooftop plunge from season 2 of Sherlock Holmes. Combine that with reporting VAT and reclaiming it from Her Majesty's Revenue and Customs(HMRC) can be daunting. Designed to steer away the complexities of subscription business and VAT, Zoho Subscriptionshas everything you need to handle recurring billing and manage customer subscriptions.
Here is how subscription businesses can always draw a parallel from Holmes.
Partner with Dr. John Watson
Zoho Subscriptions can be your Dr. Watson. Shielding you from the unnecessary hassles of subscription billing. With the UK edition, apply the location-specific VAT treatment based on the customer's location. Zoho Subscriptions automatically records the VAT applicable at the time of creating subscriptions.
Create your digital mind palace
No need to pack a lot of information in your head. Different products call for different VAT treatment. With VAT settings enabled, you can classify your products into goods or services. For businesses in the digital space, further classification of services will make VAT Moss applicable to them.
Find your archenemy, your Moriarty
Numbers in red on your balance sheet can be painful. Zoho Subscriptions comes with over 20 subscription metrics reports revealing your biggest nemesis. Make informed decisions and stay on top of your business.
Do you have a big brother like Mycroft? No, then..
You don't want to be on the wrong side of the law, do you? For a VAT registered user in the EU, Zoho Subscriptions will generate HMRC compliant invoices bearing a VAT registration number. Bill them in their base currency and show total VAT payable in GBP.
Where is your 221b Baker Street?
All your subscription transactions are automatically captured in Zoho Books, an online accounting software, for free. Creating subscriptions will instantly generate VAT returns, along with total VAT payable in Zoho Books.
Created for businesses, designed for simplicity, the UK edition of Zoho Subscriptionswill eliminate time consuming error prone manual work. As for Holmes, he will continue saving the world - one case at a time. How do I know? Elementary, my dear...