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MEV/SRM UPDATE SRM Module Certification Québec & WinRest Restaurant Management Software March 1st, 2011 WINREST 1.95 is now certified by Revenu Quebec as an MEV/SRM compatible POS system. ABS Point of Sale Inc. is on Revenu Québec’s SRM POS-system list of developers and products that Revenu Québec has certified for use in the province of Québec. Restaurant operators are now obligated to provide their clients with bills that are produced using a certified sales recording system (SRS) that is compatible with a certified Sales Recording Module (or MEV). To be SRM compatible, POS systems must be adapted by their developers to meet Revenu Québec’s strict requirements and technical specifications. The certificate of compliance with technical specifications issued by Revenu Québec confirms that the product for which it was issued is compatible. As of March 1st, 2011 WinRest Version 1.95 build 41169 is 100% certified for use with the SRM/MEV in all restaurant sector operations, including fast food, takeout, delivery, group events, and table service. A copy of the certificate can be obtained by contacting your local office of Revenu Quebec or by request from your authorized WinRest reseller. Additional information can be obtained at Revenu Quebec’s website by clicking on the following link: http://www.revenu.gouv.qc.ca/en/ministere/evasion_fiscale/restauration/mev/produits.aspx Information on how to setup WinRest for use with the SRM/MEV can be obtained by accessing our reseller web site: http://www.winrest32.com  More information Revenue Quebec Introduces Mandatory Billing in the Restaurant Sector As of September 2010, all restaurateurs will be obligated to provide bills to their patrons. The obligation to produce bills via a sales recording module (SRM) will be implemented progressively from September 2010 to November 2011. This is a government initiative aimed at countering tax evasion in the restaurant sector. Installations will begin first in new restaurants and in establishments whose restaurateurs have failed to fulfill certain tax obligations. Beginning November 1, 2011, all restaurants registered for the QST will have to use a module. Pilot Project A pilot project was launched on November 9th, 2009 with the help of 50 or so restaurants throughout the province to help assess the functionality of the sales recording modules, as well as the logistics of implementation into restaurants’ operational processes and billing systems. What is a Sales Recording Module? A sales recording module is a microcomputer connected to a point-of-sales (POS) system or a cash register. Its function is to receive data related to commercial transactions. The modules record transaction information (e.g. sales and taxes) in secure data storage. Once the data has been stored, the device produces a digital signature and sends the necessary information to print a digitally signed invoice to a printer. Why the Restaurant Sector? Revenue Québec is putting forth initiatives in all sectors of economic activity in which tax evasion prevails, targeting businesses and individuals alike. The restaurant sector, despite major efforts to counter tax evasion, still experiences significant tax losses and thus is one of Revenue Québec’s targeted sectors. Revenu Québec estimates tax losses to be $417 million dollars for 2007-2008. These losses include approximately $133 million in QST collected by restaurateurs, but not remitted to Revenu Québec, and approximately $84 million in GST |