Occasionally, governments enforce fiscal laws that require all tax payers who generate sales from goods and services to record and use an approved fiscal cash register or device. Countries implement such laws to make tax collection more efficient and manageable. As a result, taxpayers are obligated to submit a receipt for their sales revenue. The law may also require all manufacturers to include security features in their cash register software or the integration of fiscal security solutions.
With increasing digitalization and the move away from paper-based bookkeeping to digital systems, it became easy to secretly manipulate data. It is estimated that in the EU alone hundreds of billions in tax revenues are lost to the tax authorities every year through VAT fraud.
Today, there are numerous manipulation options:
For this reason, more and more countries worldwide are introducing fiscal cash registers and security solutions. These will allow tax authorities to crack down on fraud effecting tax-relevant transactions.
The following section will provide a short overview of the fundamental technical approaches to fiscal security solutions. These will service the need of tax authorities in many countries.
Fiscal cash registers are the the first security solution. They have been available for a very long time. The solution physically protects the data memory from access. The actual fiscal storage is firmly connected to the housing and is sealed with epoxy resin. To make this kind of system secure, the entire cash register must be sealed and the hardware and software certified by the government.
Depending on the requirements, the technical specifications of the fiscal storages differ, but generally they have the following in common:
Implemented by QUORiON:
This technological solution is based on the cryptographic security of the booking data to be recorded. Digital signatures as well as encryption methods are used. Trusted components such as certified fiscal boxes or so-called smartcards are used for the cryptographic function. The different approaches have the following fundamentally in common:
Implemented by QUORiON:
Some countries use technical solutions that provide for the online transfer of cash register data directly to the tax authorities. In addition to the costs for data transmission and storage, the biggest challenge is the permanent dependence on the data connection. The different variants have the following things in common:
Implemented by QUORiON:
The different technical solutions have different advantages and disadvantages. For this reason alone, there are many hybrid forms that are supplemented by ever newer, more innovative systems.
In cooperation with our distributors, QUORiON has established a successful track record in the implementation of fiscal cash register solutions. Much like differences in a country’s tax policies, the fiscal law may be unique. Consequently, the fiscal cash register software must be able to conform to every single region. We pride ourselves in our close collaboration with our partners. Our experienced and dedicated engineers have spent countless hours in the perfection of fiscal modifications on both the hard- and software side.
Here is a list of fiscal countries in which QUORiON has successfully achieved certification as a fiscal cash register manufacturer:
In the last 20 years we have carried out a large number of fiscal projects. The experience with requirements, certifications and authorities that we have gained in over 70 countries makes the difference!
You can therefore rely on QUORiON for the implementation of fiscal projects. We are happy to help you with the implementation. Simply get in touch with us.