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+# Introduction
+
+OpenBooks is a simple and portable accounting tool. This tool aims to be EU VAT Directive compliant and has country specific compliance, invoice keeping and tax reporting.
+
+What OpenBooks can do:
+---------------
+- OpenBooks handles administration of invoices, expenses, receipts, contacts, projects, VAT rates and cost centers. 
+- OpenBooks can export/email invoices in PDF, UBL and Peppol format.
+- OpenBooks can send and receive invoices over the Peppol network (using a locally run `Holodeck <https://holodeck-b2b.org/>` instance).
+- OpenBooks can create tax reports and audit files (see supported countries list).
+- OpenBooks can create and export income statements.
+- OpenBooks can create Intra-Community transactions declaration (ICP) reports.
+- OpenBooks stores all incomming and outgoing invoices in Peppol BIS Billing 3.0 format for archiving.
+
+What OpenBooks can't do:
+---------------
+- Intrastat reporting
+- OSS reporting
+- PoS Fiscalization
+- Automatically submit tax, audit or ICP reports
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