Struggling to calculate your taxes? Well, not anymore. LearnWorlds supports an integration with Quaderno, which can make the whole taxation process a piece of cake.
But first things first, what is Quaderno?
Quaderno is a sales tax calculating tool that sends automatic tax receipts and creates sales tax return-ready reports in a matter of seconds. As an invoice application, it makes the taxation process and EU VAT compliance rules simpler and easy-to-understand.
What can Quaderno do for you?
Once you start using Quaderno, every time a student based in the EU subscribes to your course, Quaderno automatically generates an invoice for your records with the correct tax rate based on the location of you and your customer (EU VAT taxes are notoriously complex to calculate).
LearnWorlds sends extra location information to Quaderno so that it has all the information it needs to determine in which country a customer is located and apply the correct percentage rate on the VAT tax.
Apart from helping you calculate your taxes, Quaderno can do the following:
Automatically verify the VAT numbers you receive from customers.
Collect and store the customer location evidence that you need to get from every sale (and store for up to 10 years).
Create and send invoices in multiple languages and currencies
Send VAT invoices automatically
Help you ensure you don’t overpay on your VAT returns
Notify you on tax policies or tax rates changes to keep you up to date.
How does it work?
Quaderno automatically recognizes your customer's location and generates an invoice with the corresponding tax.
Please keep in mind that when using LearnWorlds you cannot add taxes when a customer views their shopping basket, which means that as an instructor you need to include taxes on your listed course prices. After the checkout, the user that purchased a course will receive a final receipt from Quaderno with a neat break down of the price and taxes, based on their country of residence.
If you want to add taxes on top of your course price depending on your customer’s location, you can use a Quaderno checkout form on LearnWorlds.
Quaderno and LearnWorlds:
Quaderno supports automated VAT and GST compliance for LearnWorlds. In order to integrate your LearnWorld’s school with Quaderno, effectively all you need to do is to integrate your Stripe or Paypal account with Quaderno.
Connecting Quaderno with these two payment gateways requires that you give your permission to track taxes for the payments you receive.
Connect Quaderno with Stripe:
In order to connect your LearnWorlds school with Quaderno, you simply need to connect your Stripe account with Quaderno. After that, follow these instructions:
Step 1: Login to your Quaderno account and then go to Integrations → Stripe.
Step 2: Give permission to Quaderno to connect to your Stripe account.
Step 3: Click on ‘Connect my Stripe account’ button and from now on Quaderno will automatically send your customer the corresponding receipt for a payment you get or a refund you send.
Connect Quaderno with Pay-Pal:
In order to connect your LearnWorlds school with Quaderno, you simply need to connect your PayPal account with Quaderno. After that, follow the same instructions as you do for Stripe.
And that’s it! You are done!
Once you’ve made the connection, make sure to send us a ticket at email@example.com so that we can disable the built-in invoices generated by LearnWorlds. You won’t be needing those since Quaderno will be sending valid EU VAT invoices for you now.
Connect your LearnWorld school with the Quaderno integration today and find out how you can calculate your VΑΤ and get tax-compliant with just a few steps!