KyDec for Zimbabwe · VAT 15.5%

Two currencies.One setof books.

Invoice in US$ or ZiG, at the rate of the day, with VAT at 15.5% worked out on every line — and watch sales, bills, bank and stock land in one ledger your accountant can trust.

Basic plan is free. No card needed.

Tax invoice

Msasa Hardware (Pvt) Ltd · Harare
BP/TIN & VAT no. on file
US$ · USD
InvoiceINV-ZW-0412
Date13/10/2026
Bill toKopje Builders
ItemQtyAmount
Cement 32.5R, 50 kg40440.00
Rebar Y12, 6 m25240.00
Delivery, Harare170.00
Taxable valueUS$750.00
VAT 15.5%US$116.25
TotalUS$866.25
Fiscal signature & FDMS code come from your fiscal device
ZIMRA FDMS — not connected yet: KyDec prepares the figures, you file on the official portal.

Tax invoice

Same sale, same ledger entry
shown in Zimbabwe Gold
ZiG · ZWG
InvoiceINV-ZW-0412
Date13/10/2026
Rate26.80
ItemQtyAmount
Cement 32.5R, 50 kg4011,792.00
Rebar Y12, 6 m256,432.00
Delivery, Harare11,876.00
Taxable valueZiG 20,100.00
VAT 15.5%ZiG 3,115.50
TotalZiG 23,215.50
Currency of the transaction printed on the invoice, as ZIMRA asks
Built for Zimbabwe's rules

The rules, set
in stone.

What ZIMRA expects from a VAT-registered business in 2026, and where KyDec does the work. Anything we could not confirm is left off.

Value Added Tax · from 01/01/2026
15.5%
15%raised by Finance Act No. 7 of 2025
Standard rate15.5%
Zero-rated (e.g. exports)0%
Agricultural goods, prescribed medicinesExempt
Going-concern transfers15.5%
Authority
ZIMRA

Zimbabwe Revenue Authority. Returns are filed on TaRMS, the Tax and Revenue Management System.

Must register above
US$25,000

Taxable supplies in 12 months, or the ZiG equivalent. Voluntary registration below that.

Who you are to ZIMRA

Your BP number / TIN and VAT number, issued under TaRMS — printed on every tax invoice. Year of assessment: 1 January – 31 December.

Category CVAT return every month — turnover above US$240,000
Other categoriesReturn every two months or longer, as ZIMRA assigns
Fiscalisation · FDMS
Fiscal tax invoices

No separate e-invoicing law — fiscalisation does that job, via approved (or virtual) fiscal devices registered with ZIMRA's FDMS.

01/01/2022All VAT-registered operators issue fiscal tax invoices, debit notes and credit notes.
01/01/2026A valid tax invoice must come from an approved fiscal device, match the data sent to FDMS, and be verifiable on the FDMS portal.
Also changed on 01/01/2026
  • RATEStandard VAT up from 15% to 15.5%. Update once in KyDec; every new line picks it up.
  • EXEMPTAgricultural goods and services and prescribed medicines move from zero-rated to exempt.
  • INPUT VATTaRMS pre-fills input tax from fiscal device data — VAT on invoices from non-fiscalised suppliers is denied.

Straight answer: KyDec keeps your invoices in the shape ZIMRA asks for and totals the VAT — tax summary and VAT report. You or your accountant prepare the return and file on TaRMS.

ZIMRA FDMS — not connected yet: KyDec prepares the figures, you file on the official portal.

Every tax invoice carriesKyDec fills these from your records.

  1. Fiscal signature / QR from an approved fiscal device ZIMRA FDMS — not connected yet: KyDec prepares the figures, you file on the official portal.
  2. Your name, address, BP/TIN, VAT no.
  3. Buyer's name, address, VAT no.
  4. Serial number & date
  5. Description, quantity, value
  6. VAT 15.5% in US$ or ZiG
The multi-currency ledger

US$ in.
ZiG out.
Books agree.

Raise any document in US$ or ZiG at the rate of the day. It posts once, as double entry, to one set of books in your base currency — and each bank account reconciles in its own currency, with suggested matches. No second spreadsheet to reconcile on a Sunday.

Ledger · October 2026

All currenciesBase: US$
DateDocumentCcyAmountRateBase US$
13/10/2026INV-ZW-0412Kopje Builders · saleZiG23,215.5026.80866.25
14/10/2026INV-ZW-0413Mukuvisi Lodge · saleUS$1,150.001.001,150.00
15/10/2026BILL-0981Chitungwiza Steel · billZiG−8,040.0026.80−300.00
15/10/2026Bank lineIMTT 2% on US$500.00Sorted: IMTTUS$−10.001.00−10.00
Net, in base currencyUS$1,706.25
1.5%IMTT on ZiG electronic transfers (2026)
2%IMTT on US$ and foreign currency transfers
DeductibleIMTT is now deductible — so code it to its own ledger
The idea, in one picture

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.

You enter
Tax invoiceUS$ or ZiG
Supplier billInput VAT 15.5%
Stock transferStore to store
One record
KyDec databaseOne entry · one ledger
Updated instantly
Ledgers & income statement
Stock valuationPer store
VAT totalsFor your TaRMS return
AgeingUS$ & ZiG
Data written onceRead by every moduleNo export, no re-keying, no second register
The platform

Whole business,
layer by layer.

One login, one database, one set of numbers. Sixteen modules on the same ledger.

L.01

SellFrom quote to cash, in US$ or ZiG.

QuotationsProformaSales ordersTax invoicesCredit notesDelivery notesRecurring invoicesReminders11 templates
L.02

Buy & spendBills, approvals and supplier control.

Purchase ordersSupplier billsDebit notesStaff expensesMulti-stage approvalsRFQ
L.03

BooksTrue double entry, written by the document.

JournalsDay bookTrial balanceIncome statementBalance sheetCash flow
L.04

BankUS$ and ZiG accounts, side by side.

Statement importSuggested matches
L.05

StockEvery warehouse, batch and serial.

Multi-warehouseBatch & expirySerialsReorder alerts
L.06

CustomersPipeline, follow-ups, greetings.

PipelinesLead formsFollow-upsMeetingsChristmas cards
L.07

Reports40+ reports, all from one ledger.

VAT reportTax summaryAgeingProject P&L
L.08

ControlTeams, entities, permissions.

Multi-businessRoles & permissionsAudit trailPayroll & HRMS — coming soon

Works withBuilt-in connections.

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 domainYour domain on outgoing emails

Custom labels & fieldsOn your documents

How Zimbabwe pays

EcoCash, ZIPIT, RTGS, swipe or cash — all on one invoice.

Record each payment against its invoice, in the currency it came in, matched from your bank statement; card payments through KyDec are not offered in Zimbabwe yet — no direct wallet or Zimswitch link claimed.

CardsVisa or MastercardNot offered yet
EcoCashAlso OneMoney, InnBucksRecorded
ZIPITInstant bank transfersFrom statement
RTGSZiG and US$ accountsFrom statement
POSCounter swipesRecorded
US$ cashReceipted and bankedCash book
AI that does the bookkeeping

Less typing.
More knowing.

Four jobs KyDec's AI does today, on your own data, in either currency.

01 · Ask in plain words

Ask your books a question.

Overdue receivables above US$500, oldest first
3 invoices · US$3,326.25 total, at today's rate
Kopje Builders · INV-ZW-038841 days lateZiG 41,540.00
Mukuvisi Lodge · INV-ZW-039722 days lateUS$1,180.00
Borrowdale Fit-Outs · INV-ZW-04019 days lateUS$596.25
02 · AI OCR

Photograph the bill.

Snap a supplier's fiscal tax invoice; lines, VAT and totals fill in.

SupplierChitungwiza Steel
TaxableZiG 6,961.04
VAT 15.5%ZiG 1,078.96
TotalZiG 8,040.00
03 · Auto-coding

Bank lines code themselves.

Each bank line is sorted by type and matched to its receipt or payment.

Statement · 15/10/2026IMTT CHG 2% REF 55120 — US$10.00SORTEDBank charges: IMTT
04 · Late & low

See trouble early.

Clients who usually pay late, and items below their reorder point, from your own books.

Usually pays late
Kopje Builders
Paid late on 4 of the last 5 invoices
Below reorder point
Cement 32.5R, 50 kg
Under its reorder point: time to order
Trust

Kept safe.
Kept as sent.

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.
Audit trailWho did what, when — for your accountant and ZIMRA queries.
Your data, any timeEvery list and report as CSV, every document as PDF.
Switching

A month from
spreadsheet to sorted.

Week 1

We take your existing dataFrom Excel, or exported from Tally or your current software.

Wk 1–2

Your formatsInvoice layout, numbering, US$ and ZiG accounts, VAT at 15.5%.

Week 2

Team trainingAbout an hour. Roles and permissions set for each person.

Week 4

We sit through your first month-endBank reconciled, VAT figures ready for your accountant.

Questions

Asked in Harare & Bulawayo.

01

Can I invoice some customers in US$ and others in ZiG?

Yes. Each invoice has its own currency and the exchange rate of the day; everything posts to one set of books in your base currency.

02

Does KyDec produce fiscalised invoices through ZIMRA FDMS?

Not today. Since 1 January 2026 a valid tax invoice must come from an approved fiscal device and be verifiable on the FDMS portal. KyDec is not connected to FDMS, so keep your fiscal device for that step.

ZIMRA FDMS — not connected yet: KyDec prepares the figures, you file on the official portal.
03

Will KyDec file my VAT return on TaRMS?

No. KyDec totals the VAT for each period — monthly or two-monthly, whichever category you're in. You or your accountant submit on TaRMS.

04

What does it cost?

Basic is free, with no card needed. Paid plans — Accounts, CRM and Inventory — are priced per region: local pricing, talk to us. Every plan includes human support by email and phone.

Run US$ and ZiG
from one ledger.

Start on the free plan today. Bring your accountant; we'll bring your data across.

16 modules · 40+ reportsCloud-based and AI-powered. Human support on every plan.