Indian-based tech firm Zoho has introduced VAT and Tax Invoice Management Systems (TIMS) compliant accounting software for local SMEs to help smoothen migration of businesses to the new system. The firm has added the feature to its Zoho Books, a cloud-based accounting solution that helps businesses track stocks, reconcile bank accounts and manage projects. Its unveiling comes at a time the Kenya Revenue Authority (KRA) has given traders an extension of up to the end of November to acquire internet-enabled tax registers (ETRs) in a bid to seal tax loopholes. “We are launching a product that is …