TAX REPORTS
Stay Tax-Ready Year-Round — Not Just at Filing Time
Accoru automatically organizes your income and expenses into accurate, tax-ready reports throughout the year — so when filing time comes, everything is already prepared. No last-minute scrambling. No missed deductions. No surprises.
Why Tax Season Is Stressful for Most Small Business Owners
For most small business owners, tax season means one thing — panic. Digging through a year's worth of receipts, trying to reconstruct expenses from bank statements, hunting for invoices that were never properly filed, and rushing to get everything to an accountant before the deadline. The problem is not tax itself. The problem is that most businesses only think about tax once a year — when it is already too late to organize things properly. Accoru changes the relationship between your business and your taxes. Every transaction you record, every invoice you send, and every expense you track feeds automatically into your tax reports throughout the year. When filing time arrives, your tax summary is already built. Your deductible expenses are already categorized. Your tax collected is already calculated. Everything is ready — because Accoru has been preparing it all year.
Once-a-Year Panic
Leaving tax preparation until filing time means a stressful rush to reconstruct a full year of financial activity in a matter of days. Accoru eliminates this by keeping your tax records current all year.
Missed Deductions
Uncategorized or untracked expenses are missed deductions. Every missed deduction is money you overpay in tax. Accoru ensures every deductible expense is captured, categorized, and included in your tax reports automatically.
Disorganized Records
Tax authorities expect organized, accurate records. Businesses that cannot produce clean documentation face longer audits, more questions, and potentially larger tax bills. Accoru keeps every record organized and audit-ready.
Every Tax Report Your Business Needs
Accoru generates a complete set of tax reports from your existing financial data — covering income tax, sales tax, VAT, and everything in between.
Tax Summary Report
The tax summary report is the starting point for any tax filing. It shows your total income, total deductible expenses by category, net taxable income, and the tax you have already collected — all organized clearly for your accountant or for self-filing. Accoru generates it automatically from your invoices, expenses, and bank transactions. Every number is sourced from your verified accounting data so nothing needs to be recalculated manually.
- Total income by category
- Total deductible expenses by category
- Net taxable income calculation
- Tax collected summary
- Tax paid on expenses summary
- Custom tax period filtering
- Financial year & calendar year options
- PDF & CSV export
- Accountant sharing via secure link
VAT & Sales Tax Reporting
Whether your business is VAT registered, GST registered, or subject to sales tax — Accoru tracks every tax-inclusive and tax-exclusive transaction automatically and generates the reports your tax authority requires. See exactly how much tax you have collected from clients, how much tax you have paid on purchases, and what your net tax liability is for any period. Filing your VAT or sales tax return becomes a straightforward process rather than a complex calculation.
- Tax collected on sales (output tax)
- Tax paid on purchases (input tax)
- Net tax liability calculation
- Tax by rate (standard, reduced, zero)
- Exempt transaction tracking
- Tax period filtering (monthly, quarterly, annual)
- VAT return summary
- GST return summary
- Sales tax summary by jurisdiction
- PDF & CSV export
Deductible Expense Tracking
Every deductible business expense starts with proper categorization. Accoru automatically categorizes your expenses into tax-relevant categories — office supplies, travel, software subscriptions, professional fees, equipment, marketing, and more — so your deductible expenses are always organized and ready to report. Nothing gets missed. Nothing gets miscategorized. And at tax time, your full list of deductions is already prepared.
- Automatic expense categorization
- Tax-relevant category mapping
- Deductible expense summary by category
- Non-deductible expense separation
- Mixed-use expense splitting
- Home office expense tracking
- Vehicle & mileage expense tracking
- Capital expense identification
- Depreciation tracking (basic)
Tax Rate Management
Set up the tax rates that apply to your business — standard rate, reduced rate, zero rate, or exempt — and apply them automatically to invoices and expenses. Accoru supports single tax rates, compound tax rates, and multiple tax jurisdictions simultaneously. Every transaction is recorded with the correct tax treatment from the moment it is created — so your tax reports are always accurate without any manual tax calculation.
- Create custom tax rates
- Standard, reduced, zero, and exempt rates
- Compound tax rate support
- Multiple tax rates per invoice
- Tax rate per line item
- Default tax rate per client
- Default tax rate per expense category
- Multiple jurisdiction support
- Tax inclusive and tax exclusive pricing
Tax Period Management
Organize your tax reporting by the periods that match your filing requirements — monthly, quarterly, or annual. Accoru lets you define your tax periods, lock completed periods to prevent accidental changes, and generate reports for any specific filing window. Whether you file monthly VAT returns or annual income tax — Accoru structures your tax data around your actual filing calendar.
- Monthly, quarterly, annual tax periods
- Custom tax period definition
- Lock completed tax periods
- Period-specific report generation
- Prior period adjustment support
- Tax period status (open, filed, locked)
- Filing deadline reminders
- Period comparison reporting
Accountant-Ready Tax Reports
Every tax report Accoru generates is formatted for professional use — clear, accurate, and organized the way accountants expect to receive financial information. Share any report with your accountant via a secure view-only link or export to PDF or CSV. Your accountant gets everything they need to review, advise, and file — without needing access to your full account and without asking you to prepare anything manually.
- Professional report formatting
- Accountant sharing via secure link
- PDF export (print-ready)
- CSV export (for accountant's software)
- Transaction-level detail available
- Supporting documents attached
- Notes field per report
- Scheduled report delivery to accountant
Audit Trail & Supporting Documentation
In the event of a tax audit, the most important thing you can have is organized, complete documentation for every transaction. Accoru maintains a full audit trail — every invoice, every expense, every receipt, every bank transaction, and every journal entry — permanently stored and instantly accessible. Pull up any transaction with its supporting documentation in seconds. Demonstrate clean, accurate records to any tax authority with confidence.
- Complete transaction audit trail
- Receipt storage per expense
- Invoice archive (all sent invoices)
- Bank statement records
- Journal entry history
- User action log
- Immutable transaction records
- Bulk document export for audit
How Accoru Tax Reports Work
Tax preparation that happens automatically — all year, every year.
- Step 1
Record Throughout the Year
Every invoice you send, every expense you track, and every bank transaction you reconcile is recorded with the correct tax treatment automatically. Accoru builds your tax records continuously — not just at filing time.
- Step 2
Generate When You Need It
When a tax period ends — or whenever you need a snapshot — generate your tax summary report in one click. Select your tax period, choose your report type, and Accoru produces a complete, accurate tax report from your verified data instantly.
Accoru Tax Reports vs The Competition
| Feature | Accoru | QuickBooks | FreshBooks | Wave |
|---|---|---|---|---|
| Tax Summary Report | ✅ | ✅ | ✅ | ⚠️ Basic |
| VAT / GST Reporting | ✅ | ✅ | ✅ | ❌ |
| Sales Tax Reporting | ✅ | ✅ | ✅ | ⚠️ Basic |
| Custom Tax Rates | ✅ | ✅ | ✅ | ✅ |
| Compound Tax Rates | ✅ | ✅ | ❌ | ❌ |
| Tax Period Locking | ✅ | ✅ | ❌ | ❌ |
| Deductible Expense Tracking | ✅ | ✅ | ✅ | ✅ |
| Audit Trail | ✅ | ✅ | ❌ | ❌ |
| Accountant Sharing | ✅ | ✅ | ✅ | ⚠️ Limited |
| PDF & CSV Export | ✅ | ✅ | ✅ | ✅ |
| Scheduled Report Delivery | ✅ | ✅ | ❌ | ❌ |
What Small Business Owners Say About Accoru Tax Reports
“Tax season used to mean two weeks of stress and a large accountant bill. Now I send my accountant a link to my Accoru tax summary and she files from there. It has completely changed how I feel about tax time.”
“The VAT reporting feature alone is worth it for my business. I used to spend hours calculating my quarterly VAT return manually. Accoru generates it in seconds and the numbers are always accurate.”
“My accountant told me my Accoru records were the most organized she had seen from a small business client. Everything was categorized, every receipt was attached, and the tax summary was already prepared. She barely had any questions.”
Tax Reports FAQ
Does Accoru keep my business tax-ready throughout the year?
Yes. Every transaction you record in Accoru — invoices, expenses, bank transactions, and journal entries — is processed with the correct tax treatment automatically. Your tax reports are built continuously throughout the year so they are always current and ready to generate at any time.
Does Accoru support VAT and GST reporting?
Yes. Accoru supports VAT, GST, and sales tax reporting. Set up the tax rates that apply to your business, apply them to invoices and expenses, and Accoru calculates your tax collected, tax paid, and net tax liability automatically for any filing period.
Can I set up multiple tax rates in Accoru?
Yes. Create as many tax rates as your business needs — standard rate, reduced rate, zero rate, exempt, and compound rates. Apply different rates to different products, services, clients, or expense categories. Accoru handles the calculation automatically on every transaction.
How do I share tax reports with my accountant?
Generate any tax report and share it via a secure view-only link, or export it as a PDF or CSV. You can also schedule automated report delivery to your accountant's email at the end of each tax period — so they always receive your reports on time without you having to remember to send them.
Does Accoru support multiple tax jurisdictions?
Yes. If your business operates across multiple tax jurisdictions — different states, provinces, or countries — Accoru supports multiple tax rates and jurisdictions simultaneously. Each transaction can be assigned the correct jurisdiction and rate automatically.
What happens if I need to correct a transaction from a previous tax period?
Accoru supports prior period adjustments. You can make corrections to historical transactions and Accoru will recalculate the affected reports automatically. Completed tax periods can also be locked to prevent accidental changes.
Is Accoru's audit trail sufficient for a tax audit?
Yes. Accoru maintains a complete, immutable audit trail of every transaction — with supporting documentation attached. Every invoice, receipt, bank transaction, and journal entry is permanently stored and instantly accessible. You can produce documentation for any transaction in seconds.
Can Accoru replace my accountant for tax filing?
Accoru provides all the reports and records your accountant needs to file accurately and efficiently — significantly reducing the time and cost of professional tax preparation. Whether you self-file or work with an accountant, Accoru ensures your records are complete, accurate, and organized.
Tax Reports Work Better With These Features
Expense Tracking
Accurately categorized expenses are the foundation of accurate tax deduction reporting. Every expense tracked in Accoru feeds directly into your tax summary.
Learn moreFinancial Reports
Your tax reports and financial reports share the same underlying data — keeping everything consistent and eliminating the need to reconcile two separate sets of numbers.
Learn moreBank Reconciliation
Reconciled bank accounts ensure every transaction is accounted for — so nothing is missing from your tax reports.
Learn moreInvoicing
Every invoice you send is recorded with the correct tax treatment automatically — feeding accurately into your tax collected figures.
Learn moreAccountant Access
Give your accountant secure access to your tax reports and supporting documentation — everything they need to review and file without any manual preparation on your part.
Learn moreBe Tax-Ready Every Day of the Year
Tax preparation should not be a once-a-year emergency. With Accoru, your tax records are built automatically throughout the year — organized, accurate, and ready to report on whenever you need them. Make tax season a non-event.
Tax summary reports · VAT & sales tax · Deduction tracking · Audit trail · Cancel anytime