Fiscal Operations
Learn about ZIMRA fiscal compliance operations in VasBox.
Understanding Fiscal Operations
What fiscal compliance means for your business.
Fiscal operations in VasBox ensure your business complies with ZIMRA (Zimbabwe Revenue Authority) requirements. Every sale must be recorded and submitted electronically through the Fiscal Device Management System (FDMS).
- • Legal requirement for businesses
- • Creates audit trail
- • Enables tax compliance
- • Provides customer protection
- • Fiscal device management
- • Receipt creation and signing
- • ZIMRA submission
- • Offline queue management
Legal Requirement
Key Concepts
Important terms to understand.
A business day for recording transactions. Each device has one fiscal day per calendar day. Must be opened before creating receipts and closed at end of day.
The fiscalized record of a sale. Contains line items, taxes, payments, and once fiscalized, the ZIMRA verification data.
The process of submitting a receipt to ZIMRA's FDMS. The receipt is signed by your device and receives a verification code from ZIMRA.
A cryptographic signature generated by your fiscal device that proves the authenticity of each receipt.
Daily Operations Workflow
A typical day of fiscal operations.
Open Fiscal Day
Start your business day
Create Receipts
Record sales transactions
Fiscalize
Submit to ZIMRA
Close Fiscal Day
End of day summary
Each business day follows this cycle. Open your fiscal day in the morning, create and fiscalize receipts throughout the day, and close the fiscal day when done.
End of Day
Quick Links
Jump to specific fiscal operations topics: