Foqus Finance SE

This extension ensures regulatory compliance and includes essential local functionalities for operating in Sweden. Below, you can find detailed descriptions of its features:

• UC - a Swedish business and credit reference agency

Integration to UC a Swedish business and credit reference agency. Of features there are the possibility to search for companies and subsequently create them as the customer in Foqus Finance. It is also possible see and to download a report to check a customer's creditworthiness and ability to pay. Obtaining a credit report is an excellent way of avoiding unnecessary credit losses. Above all, it provides excellent data for choosing the right customers.

• VAT deduction amount

VAT deductible amount on the posted invoice. The feature applies for leasing of cars where the usage of the cars is in business subject to VAT. With this feature the leasing company, by providing extended VAT information on the invoices, gives its customers an easier and more accurate VAT handling.