Know your fiscal devices

permanently built into a fiscalised device to store tax information at the time of the sale. There are three categories of fiscal devices, from which clients can choose from depending on their nature of business.

Fiscalised electronic cash register/ electronic tax registers (ETRs) Fiscal printer Electronic signature device (ESD) Below is an explanation of the three categories and who should use each device.

1. Fiscalised electronic registers/ electronic tax registers (ETRs)

These are manual stand-alone devices more like cash registers the difference being that they have a fiscal memory.

These devices have a 3G sim card that transmit data to the ZIMRA server as sales are being receipted.

This device is suitable for small to medium retail businesses that issue out receipts to their customers e.g. small grocery shops, hair salons, clothing boutiques, restaurants, bars, hardware and tuck shops.

A product list is uploaded on to the device and each product is coded for ease of reference when transacting. 2. Fiscalised printers

These are small printers attached to points of sale or computer systems.

Fiscal printers work with points of sale/ computer systems that use retail software. They also have a fiscal memory for recording sales at the time of printing and also a 3G sim-card that transmits data to the ZIMRA server.

Fiscal printers are suitable for small, medium and large clients that are in retail business that have computerised systems and issue out receipts e.g. supermarkets, hardware, furniture retailers, restaurants and other retail shops.

3. Electronic signature devices

These devices affix digital signatures to transactions and is not suitable for clients who issue manual invoices.

These devices are connected to an already existing computer invoicing system.

Data is sent to the ZIMRA server as the client issues the invoice via a data sim card that is in the device.

These devices are suitable for registered operators who issue tax invoices to their clients.

How does the Government support Fiscalisation?

The Government gives the following incentives on the purchase of fiscal devices:

a) 50% VAT refund on the purchase price of the fiscal device claimed on the VAT return.