# Tax done at the till, not at the end of the month.

**A clean receipt and record for every sale, ready when IRD or your accountant asks.**

Most tax trouble starts small: a receipt that wasn’t issued, a sale that never reached the books, a sales figure rebuilt from a notebook weeks later. EliteTeQ works out the tax on each sale as it happens in Hong Kong and keeps the records in one place, so filing is a report you run, not a week you lose.

- A receipt for every sale
- Dated record of every sale
- Reports ready to file
- Records kept even offline

## How tax works in EliteTeQ

1. **Set your tax rates once** — During setup we enter your tax rates with you: standard, reduced or zero-rated items, and whether your prices include tax or have it added.
2. **Sell as normal** — Each sale works out the tax line by line and the receipt shows it, so the customer and your records see the same figures.
3. **Records build themselves** — Every sale, return and void is kept with its tax, cashier and time, including sales made offline, which sync when the connection returns.
4. **File from a report** — At the end of the period, run the tax report for IRD by date and branch, and use it to file or hand it to your accountant.

## Which POS keeps sales records and receipts in Hong Kong?

A POS in Hong Kong should issue a receipt for every sale and keep dated sales records ready for IRD or your accountant. EliteTeQ POS does this, and keeps the records even when you sell offline.

- A receipt for every sale
- Dated sales records
- Reports ready for IRD
- Records kept even offline

## What your tax records look like

### The tax line is on every receipt

Each item carries its own tax setting, so mixed baskets of standard and zero-rated goods come out right without anyone doing sums.

- Tax set per product
- Prices with or without tax
- Receipt shows the tax clearly

### Your tax report, by date and branch

Pick a period and see sales and tax by branch, ready to file or send to your accountant.

- Any date range
- Split by branch
- Returns and voids already netted off

### Every change leaves a trail

Returns, voids and price changes are recorded with who did them and when, so the figures you file can be explained line by line.

- Who changed what, and when
- Tax reversed on returns
- Manager approval for voids

## A receipt book vs EliteTeQ

| The receipt book & spreadsheet way | The EliteTeQ way |
|---|---|
| Tax worked out by hand at month end | Tax calculated on every sale |
| Receipts missed when the counter is busy | A receipt for every sale |
| Returns that never reach the books | Returns and voids recorded with tax |
| Figures rebuilt from notebooks | Report by date and branch in one click |
| Nothing recorded when the network drops | Records kept offline, synced later |

## Built for businesses that sell over the counter

- [Supermarkets](https://eliteteqpos.com/hk/industries/supermarkets/)
- [Pharmacies](https://eliteteqpos.com/hk/industries/pharmacies/)
- [Minimarts & provision stores](https://eliteteqpos.com/hk/industries/minimarts-provision-stores/)
- [Wholesale & distribution](https://eliteteqpos.com/hk/industries/wholesale-distribution/)
- [Restaurants & cafés](https://eliteteqpos.com/hk/industries/restaurants-and-cafes/)
- [Hardware stores](https://eliteteqpos.com/hk/industries/hardware-stores/)
- [Building materials](https://eliteteqpos.com/hk/industries/building-materials/)
- [Electronics stores](https://eliteteqpos.com/hk/industries/electronics-stores/)
- [Mobile phone shops](https://eliteteqpos.com/hk/industries/mobile-phone-shops/)
- [Clothing stores](https://eliteteqpos.com/hk/industries/clothing-stores/)
- [Butcheries](https://eliteteqpos.com/hk/industries/butchery/)
- [Agrovets](https://eliteteqpos.com/hk/industries/agrovets/)

## Tax in Hong Kong

EliteTeQ keeps a receipt and a dated record for every sale in Hong Kong, so the figures IRD or your accountant ask for are a report away.

- **Tax authority:** IRD
- **Currency:** HKD (HK$)

## Questions owners ask us

**Can my prices include tax, or have it added at the till?**

Either. You choose per product during setup, and the receipt shows the tax clearly both ways.

**What happens to tax on a return or a void?**

The tax is reversed with the sale, and the return or void is recorded with the cashier, time and any manager approval, so the report stays right.

**Does it keep records when the internet is down?**

Yes. Sales are recorded on the device with their tax and sync automatically when the connection comes back, so nothing is missing from the report.

**Can my accountant get the reports in Hong Kong?**

Yes. Run the report for any period and branch and export it for your accountant, with figures in HKD.

**Which taxes can EliteTeQ handle in Hong Kong?**

It keeps receipts and dated sales records for every sale, and can apply any tax rate you set up, so the records are ready for IRD.

## Make tax the easy part of your month.

Send us a WhatsApp message and we’ll show you a tax report built from your own kind of sales.

## Read more

- [The POS reports retailers actually use](https://eliteteqpos.com/hk/blog/top-pos-reports-retailers/)
- [How to choose POS software](https://eliteteqpos.com/hk/blog/how-to-choose-pos-software/)
- [Signs you’ve outgrown a basic POS](https://eliteteqpos.com/hk/blog/signs-outgrown-basic-pos/)

- Phone: +1 214 423 5355
- Email: info@eliteteqpos.com
- Web: https://eliteteqpos.com/hk/tax-compliance-pos/