An electronic tax register (ETR) is a cash register with fiscal memory that keeps all transactions between traders and buyers for the purpose of tracking VAT. Through a compliant ETR, taxpayers can confirm details of their electronic tax invoices before issuing them to their customers. Such details include the tax rate, the taxable value of a transaction, the total gross amount, and the total tax charged.
With the new TIMS, the ETR machines are enhanced to integrate with the Accounting/ERP software for validating the invoice details and electronically transmit the invoice details to KRA portal on a near to real-time basis.