Pemo keeps expense records complete and organized. This helps your finance team review VAT reclaims, track deductible business expenses, and prepare records for filing.
You can use Pemo to collect receipts, follow up on missing documents, review expenses, and export records to your accounting system.
Before you start
Pemo collects and organizes the records behind each expense. It doesn't decide the final tax treatment of a transaction.
Your finance team, accountant, or tax advisor must confirm whether VAT is reclaimable, whether an expense is deductible for corporate tax, and whether the supporting documents are sufficient.
How Pemo supports VAT reclaims and corporate tax deductions
Pemo keeps each expense and its receipt together. Your finance team can review supplier details, transaction and VAT amounts, receipt status, business purpose, and whether further review is needed.
Receipts form part of the audit trail behind a business expense. Without one, your finance team may be unable to verify the VAT amount, supplier details, or business purpose. Pemo sends users a notification after every transaction to remind them to attach a receipt.
How to chase missing receipts
Submission policies help finance teams collect receipts consistently. Review missing documents regularly rather than waiting until month end, and follow up on incomplete submissions before exporting data to your accounting system.
See Receipt Chaser.
How Pemo helps finance review and accounting workflows
Once receipts are attached, finance teams can review transaction details and receipt status in one place, then identify missing information or expenses that need closer deductibility checks.
Your finance team can also apply accounting details and prepare transactions before export.
Exporting records to your accounting system
Once transactions are reviewed and receipts are attached, you can export the data to your accounting or ERP system. Depending on your setup, exported records may include ledger data, digital receipts, VAT summaries, supplier tax details, and transaction-level supporting records.
Keeping records ready for the FTA
Keeping transaction data and receipts together helps you maintain records for filing with, and review by, the Federal Tax Authority (FTA). Your finance team can then assess eligibility, prepare returns, and respond to future reviews.
For stronger record keeping:
Collect receipts at the time of spend.
Use submission policies to reduce missing documents.
Review incomplete expenses before month end.
Make sure finance reviews transactions before export.
Keep exports and supporting documents aligned in your accounting system.