myDATA is the new platform of AADE which introduces e-books to companies, aiming to their digital transformation.
All company transactions will be depicted in the platform as a summary and in a more detailed format. In other words, AADE will retain a copy of income and expenses transactions in a digital format, unified for all companies and this information will no longer exist to company’s accounting books exclusively.
AADE initiated this project to cross-check companies’ tax information more easily, taking advantage of the possibilities offered by new digital age. Simply stated, when a company issues a “Revenue” document, AADE tries to match it with the “Expense” document, issued by the recipient company.
Technical wise, the project wouldn’t be feasible without the torage power of the platform. Companies’ data are hosted in “Microsoft Azure” cloud, “Microsoft Azure”, and not on premise.
Disclaimer: We make every effort to validate the information provided in our articles. However, all information should be confirmed with the relevant department of each company, and they should not be considered personal implementation recommendations. The website is not an official page of AADE.
