Dry goods! Understand the new features of Kingdee Cloud V7.0 Tax Cloud in one article

Under the wave of global economic digitalization, the requirement for enterprise tax management is becoming increasingly complex. As businesses expand, regulations change, and the demand for refined management increases, how to utilize intelligent methods to improve Tax management efficiency, ensure Compliance, and effectively respond to Tax risks has become a critical issue that many enterprises urgently need to address. As a pioneer in intelligent taxation in the digital age, Kingdee CloudV7.0 Tax Cloud has recently undergone a comprehensive renewal, helping enterprises build an integrated intelligent tax management platform of “business, finance, tax, invoice, and asset archives,” leading a new trend in intelligent tax management. Exciting details, the following will reveal them one by one for you.

Renewed Upgrade

Empowering high-quality tax management with intelligence.

In this version upgrade, Kingdee Cloud Tax Cloud has launched a series of brand new <x1>features</x1> that comprehensively enhance enterprises’ capabilities in <x2>value-added tax management</x2>, <x3>export tax rebate</x3>, <x4>deferred income tax management</x4>, and <x5>financial behavior tax management</x5>. At the same time, the system has enhanced the risk full lifecycle management and tax thematic analysis features. The upgraded Kingdee Cloud Tax Cloud is driven by intelligent technology and focuses on innovative features, providing more agile, efficient, and intelligent tax services. It helps enterprises comprehensively enhance their tax management level and injects new momentum for high-quality development!

Feature 1: Export Tax Refund Full Asset Lifecycle Management

Comprehensive support for the full lifecycle management of export tax rebates for manufacturing and foreign trade enterprises, achieving one-click automatic matching of export customs declarations and export invoices; automatically splitting and converting the offshore price in USD based on the quantity verified, intelligently allocating the statutory unit quantity to ensure the accuracy of the rebate amount; automatically generating the exemption and offset tax rebate documentation based on the business type, and automatically calculating the exemption and offset tax rebate amount to improve rebate efficiency; supporting the preparation of the tax bureau version of the exemption and offset tax rebate declaration form, seamlessly integrating with the tax system to simplify the declaration process.

Highlights 2: Financial behavior tax multi-dimensional accrual

Based on the original tax provision feature, a more detailed tax provision function is provided, which supports the calculation of taxes split by “accounting organization” and “business dimension” (such as profit center, cost center, project, etc.). Supports generating accounting vouchers by business dimension to meet the needs of refined financial management for enterprises.

Highlight 3: Tax Depreciation and Amortization Management

Create an asset tax card that allows users to record asset tax information separately. The tax information is compared with the accounting card information to automatically determine the type of tax and accounting differences. It intelligently identifies asset types, recommends general depreciation policies or accelerated depreciation policies, and automatically calculates the tax depreciation amount, providing an accurate data source for calculating the tax and accounting difference table, supporting corporate tax planning and decision-making.

Highlight 4: Deferred Income Tax Management

Supports tax adjustment management under the global tax system, automatically identifying temporary and permanent differences; integrating financial accounting with tax declaration to achieve automatic comparison of tax and accounting differences for entry and cross-year carryforward, improving the accuracy and management efficiency of deferred income tax management.

Key Feature Five: Auto comparison of declaration provisions

Supports automatic comparison of the data from the accrual working papers and the declaration forms, and automatically generates tax accrual documents and vouchers for the discrepancies. Combined with the accrual working papers feature, it achieves full-process automation of tax accounting from tax accrual to tax adjustment, reducing manual intervention and improving work efficiency.

Highlight 6: Risk Full Lifecycle Management

Establish a risk indicator management system with built-in multi-dimensional risk indicator plans to scientifically monitor corporate tax risks. Optimize the risk result display <interface>, enhance product interaction experience, and make risk management more intuitive and understandable; <create> features such as tax event management, tax strength control, and real-time risk calculation to help enterprises quickly respond to tax risks at various stages.

Key Feature Seven: Tax Topic Analysis

Supports multi-dimensional tax statistics, including preferential statistics, tax refund statistics, income tax analysis, etc., providing enterprises with comprehensive tax data support. By analyzing the tax burden rate, the comparison of accrued declaration to actual payment, and other factors, help enterprises understand their tax situation in a timely manner and optimize their tax management strategies.

Advantage leads  

Support global tax management for enterprises.

Kingdee Cloud Tax Cloud provides enterprises with a “one-stop Natural System service,” covering all types of Instrument Issue, all scenarios of using invoices, intelligent compliance Risk Control for invoices, and fully automated paperless shared collaboration features. We provide enterprises with professional one-stop Tax management services, covering core applications such as tax declaration, risk monitoring, tax analysis, and document management, helping businesses build an integrated smart Tax management platform of “business, finance, tax, and documents,” leading the new trend of smart Tax management.

Kingdee Cloud Tax Cloud provides professional and efficient tax management solutions for enterprises with a global perspective and intelligent technology, fully supporting the global development and compliant operations of enterprises:

Build a global tax management system: Tailored tax management models will be created based on the size and business complexity of outside Chinese Mainland companies, helping to build a global tax management system.

Tax data visual management: By maintaining information on global tax numbers, tax type declaration calendars, and so on, we can keep track of the global tax declaration progress in real time. The system automatically prompts for tax declaration, precisely calculates the completion rate and on-time rate, ensuring that tax work is transparent and controllable.

Turnover Tax Calculation and Tax Accounting Management: Deeply integrated with the business and finance system, it supports global multi-tax transactions and tax accounting, enhancing efficiency and compliance, and achieving integrated management of business, finance, and taxation.

Global Tax Analysis: Through insights from multiple dimensions such as tax payment trends, tax burden analysis, and tax distribution, we provide tax management forecasts and optimization recommendations to help enterprises formulate scientific tax strategies and strengthen decision support.

In the new era, Kingdee Cloud Tax Cloud provides enterprises with global, intelligent, and data-driven tax management capabilities, helping enterprises comprehensively enhance compliance levels and operational efficiency, injecting strong momentum into the global development of enterprises.

Industry Benchmark 

Build a World-Class Tax Management System

With its industry-leading capabilities and features, Kingdee Cloud helps enterprises build tax management that benchmarks against world-class standards, becoming a new choice for many large companies in their digital tax upgrade.

1.ENN Group: China’s top 500 companies have a total of 4 <x1>Listed Companies</x1> under their umbrella, with over 40,000 <x2>Employees</x2>. ENN Group started with urban gas and has formed a clean energy industry chain that spans downstream distribution, midstream trade and storage, and upstream production, as well as a life and health product chain that includes health, culture, tourism, and real estate. It serves 20 provinces (municipalities and autonomous regions) in China, with operations extending to Vietnam, North America, Europe, and more.

Through the Kingdee Cloud Smart Tax Solution, the Xin’ao Group has promoted the standardization and automation of the entire process of tax management from accounting to declaration and payment. Currently, the smart tax platform has covered over 1,000 subsidiaries of the Xin’ao Group, achieving risk control through data and value creation through data, establishing a comprehensive tax empowerment system.

2.Shenzhen Feisu Innovation Technology Co., Ltd. (hereinafter referred to as “Feisu”): As a leader in the network communication domain, FS focuses on the R&D, design, and sales of core devices and general accessories, committed to creating a one-stop supply platform that provides communication devices, general accessories, and system solutions for customers worldwide.

In order to efficiently respond to the increasingly complex global tax <Tax> requirements, we rapidly <Build> the global <System> for tax <Management>: First, it supports global tax calculation automation, which can automatically calculate Income Tax and Value Added Tax for the United States, Germany, the United Kingdom, and six other countries and regions, generating tax-related vouchers to ensure the integrity and traceability of the data, significantly reducing the workload of financial personnel. Secondly, enhance the localization service capabilities, the system provides an English interface and automatically generates tax reports, supports local tax declarations outside China, improving the operational efficiency and cross-regional collaboration of the overseas team. Third, strengthen the group’s tax management and control, unify the management of global tax data, and monitor the progress of tax accrual, declaration, and payment refunds in real time, helping the group headquarters accurately grasp the global tax situation. Generate statistical analysis reports to provide strong data support for enterprise decisions. The Rapid Global Tax Management System is centered on intelligence, standardization, and transparency, helping enterprises optimize their tax structure, reduce compliance risks, and enhance management efficiency, becoming the industry benchmark for global tax digital management.