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Electronic Fiscal Device(EFD)

Electronic Fiscal Device

Electronic Fiscal Device (EFD) means a machine designed for use in business for efficient management controls in areas of sales analysis and stock control system and which conforms to the requirements specified by the laws.

TRA Approved Electronic Tax Registers (ETR)

An Electronic Fiscal Device (EFD) is a machine that offers efficient management controls in areas such as sales as well as stock management while conforming to the specifications laid down by law. There are primarily 3 kinds of Electronic Fiscal Devices:.

An Electronic Tax Register is a device approved by the Government, to record fiscal data of goods and services sold. The device is used by retail business that issue receipts manually. With the Government mandating the use of ETR machines, sales receipts are now tabulated at the close of each business day and electronically sent to the Revenue Authority for the tax assessment.

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