Overview
This section describes the statutory overview.
Maconomy's Statutory offering supports regulatory requirements in various countries, and includes reporting for specific countries, and where applicable, setup requirements to facilitate an interface with a country's tax authority website.
Maconomy provides specific statutory-related functionality relevant within select countries, including tax settlement, foreign transactions, and related reports. Additionally, Maconomy's robust and sophisticated extensibility provides extensive capabilities to tailor the solution to specific localized needs.
Benefits of implementing statutory reporting include: targeted statutory-related reporting; easy interface between Maconomy system and a country's tax authority, where applicable.