Managing Transactions
CoralLedger Comply makes it easy to import, categorize, and manage your business transactions for VAT compliance.
Transaction Sources
You can import transactions from multiple sources:
- CSV Upload - Import from any accounting system with intelligent column mapping
- Excel Files - Direct .xlsx import with auto-detection
- Manual Entry - Enter individual transactions directly
- Point POS - Real-time automatic sync from CoralLedger Point
Key Features
Automatic VAT Categorization
Our AI-powered categorization engine automatically assigns VAT rates based on:
- Product/service descriptions
- Vendor information
- Historical patterns
- 30+ Bahamas-specific VAT categories
Import Validation
Real-time validation during import:
- VAT compliance checking
- Duplicate detection (SHA-256 + fuzzy matching)
- AI categorization preview
- Error and warning panels
Bulk Operations
- Edit multiple transactions at once
- Bulk category assignment
- Bulk delete with compliance protection
- Mass corrections
Per-Transaction Management
- Edit - Modify any transaction details
- Delete - Remove transactions (with compliance protection)
- Recategorize - Change VAT category assignments
Compliance Protection
Transactions included in filed VAT returns cannot be deleted. Use amendments for corrections to filed periods.
Audit Trail
Every transaction maintains a complete history of:
- Original import data
- Category changes
- User modifications
- 7-year retention per VAT Act Section 50