Every rupee, every invoice, one platform.
Tax invoices in the IRD's revised format, 18% VAT worked out on every line, and books in rupees that close themselves at month-end — for Sri Lankan businesses and the accountants who look after them.
Basic is free, no card needed. Human support on every plan.
No. 14, Hill Street, Kandy
TIN 104382916
Negombo Road, Wattala
TIN 209557381
| Description | Qty | Rate | Value |
|---|---|---|---|
| Ceylon black tea, BOP | 500 kg | 1,850.00 | 925,000.00 |
| Packing & delivery | 1 | 75,000.00 | 75,000.00 |
Built for Sri Lanka's rules.
The VAT Act, the IRD's revised invoice format, monthly returns on RAMIS, SSCL on the side. Here is what KyDec is set up for — and, just as plainly, what stays your job.
- VAT rates
- 18%standard0%exports & specified20.5%financial servicesexempt supplies18% since 01/01/2024 · VAT Act No. 14 of 2002
- SSCL
- 2.5% Social Security Contribution Levy on liable turnover Paid monthly, returned quarterly
- Authority
- Inland Revenue Department (IRD) Returns and payments through RAMIS e-services
- Registration
- TIN (9 digits) plus VAT registration On every client, vendor and tax invoice
- Threshold
- Taxable supplies above Rs 15 million a quarter or Rs 60 million in 12 months The proposed cut to Rs 36 million was dropped in June 2026
- Returns
- Monthly VAT — pay by the 20th, file by the last day of the next month Per IRD notices reported August 2026
- Year & money
- 1 April – 31 March · LKR, Rs / රු, 2 decimals SVAT abolished — refunds are now risk-based
| Description | Qty | Value excl. VAT |
|---|---|---|
| Ceylon green tea, 100 g packs | 240 | 168,000.00 |
| Tea tasting session (service) | 1 | 32,000.00 |
- 1“TAX INVOICE” shown prominently
- 2Serial number in the prescribed structure — set your own series
- 3Supplier TIN / VAT no., name, address
- 4Purchaser TIN, name, address if VAT-registered
- 5Invoice date and date of supply
- 6Description and quantity
- 7Value excl. VAT, VAT, total in LKR to 2 decimals
- 8LKR equivalents for foreign-currency invoices
The monthly climb, and the drop on the 20th.
Each step is a day's invoices and bills. The VAT totals are ready the morning the month closes.
E-invoicing: a pilot, not yet a rule for everyone.
The IRD's National e-Invoicing System sends VAT invoice data from business systems to RAMIS in real time. Today it covers a pilot group; the next phases have no dates yet.
- Phase 1Pilot: selected VAT-registered exporters — garments, tea
- 01/05/2026Colombo Tea Auction invoice and credit / debit note data to RAMIS
- 01/07/2026Financial services VAT 20.5%; non-resident digital services register
- YOU ARE HERE01/10/2026Revised tax invoice format mandatory for all VAT-registered persons
- TBAPhase 2: all VAT-registered persons
- TBAApproved secured POS machines, within 3 months of a prescribed date
Who does what, plainly.
- KyDecIssues tax invoices in the revised format, with your TIN and the purchaser's
- KyDecTotals the VAT on your sales and purchases in its tax summary
- YouPay and file on IRD RAMIS e-services, as today
- TodayKyDec does not transmit invoice data to RAMIS
Enter it once. It shows up everywhere it should.
A document in KyDec is not a form that gets copied into other systems later. Saving it is what updates your books, your stock and your tax data, at the same moment.
One login. Eight levels deep.
Every document writes its own double entry. Sales, purchases, stock and bank share one database, so the trial balance, the VAT report and the stock value always agree.
Sales & invoicing
Purchases & expenses
Accounting
Banking
Inventory
CRM & leads
Reports & tax
Teams & entities
Payroll & HRMS
WhatsApp BusinessSend documents and reminders
Lead capture formsLeads from your website land in the CRM
Google CalendarMeetings from the CRM
Invoices APICreate invoices from your own systems
Emails from your own domainMail goes out from your address
Custom labels & fieldsOn your documents
How Sri Lanka gets paid — and how KyDec keeps up.
KyDec records every way money arrives, and matches it on statement import.
Card paymentsNot offered through KyDec in Sri Lanka yet
Not yetCEFTS / JustPay bank transfersRecorded as receipts, matched on statement import
Record & reconcileCheques and cashReceipts against the invoice; cheques cleared on the statement
Record & reconcileLANKAQR and mobile walletsRecord the receipt; no direct integration
Record onlyPrinted in English, සිංහල or தமிழ்.
The app is in English. The documents you print and send can use Sinhala or Tamil script — two of the 26 scripts KyDec prints in.
Same invoice, same numbers — the script is a print setting, not a separate document.
Four jobs your team stops doing by hand.
Not a chatbot bolted on. The AI sits inside the documents and ledgers, and every suggestion is one you can see, accept or correct.
Photograph a vendor bill. The lines fill themselves.
AI OCR reads the supplier, line items, VAT and totals from a photo, and drafts the bill for you to check.
Expenses and bank lines land in the right ledger.
KyDec sorts each bank line by type and matches it to its receipt or payment.
See the late payers and the empty shelves coming.
KyDec shows which clients usually pay late and which items are below their reorder point.
Ask in plain words. Get the actual figures.
Type the question the way you'd ask your accountant. The answer comes from your own books.
Safe ground. A short climb.
Your books are the record your accountant and the IRD rely on. KyDec keeps a copy of everything you send, backs up daily, and moves your data across for you.
- Kept as sentA copy of every document you email or WhatsApp. An audit trail is coming soon.
- Daily backupsOf your books, every night.
- EncryptedIn transit. Hosted in India.
- Your data, any timeEvery list and report as CSV, every document as PDF.
- Roles & permissionsWho sees what, down to the report.
- Week 1We take your dataFrom Excel, or exported from Tally or other software — opening balances, parties, items.
- Week 1–2Your formatsTax invoice layout, numbering series, TIN details, Sinhala or Tamil prints.
- Week 2Team trainingAbout an hour, for the people who'll use it daily.
- Week 4First month-end, togetherWe sit through your first close and the VAT figures with you.
Questions Sri Lankan owners and accountants ask.
Does KyDec print the revised tax invoice format (from 1 October 2026)?
Yes — “TAX INVOICE”, your serial series, both TINs, a date-of-supply field you add, and value, VAT and total in LKR. We set it up in week one; your accountant can check it against the IRD specimen.
Will KyDec file my VAT return or send invoices to RAMIS?
Not today. KyDec totals the VAT on your sales and purchases in its tax summary; you prepare, pay and file on IRD RAMIS e-services. The national e-invoicing system is still a pilot for selected exporters; Phase 2 has no date yet.
RAMIS e-invoicing — not connected yet: KyDec prepares the figures, you file on the official portal.
Can my invoices be in Sinhala or Tamil?
Printed documents can use Sinhala or Tamil script, or English. The app itself is in English.
How do I handle SSCL?
Book it by journal at 2.5% of liable turnover; the turnover comes straight from your books. An invoice carries one tax, VAT.
Where is my data kept?
KyDec is hosted in India, encrypted in transit, with daily backups, and every list and report downloadable as CSV.
What does it cost in Sri Lanka?
Basic is free with no card. Paid plans — Accounts, CRM, Inventory and bundles — are priced per region; Sri Lankan pricing is local: talk to us.
Raise your first tax invoice before the kettle boils.
Start on Basic for free. When you're ready, we move your books across and sit with you through the first month-end.