Step by step
- Open Accounting > Vat/Tax Report. The tables open with the dates of the Initial Table Data Date Range setting; the N.B. line under the filter says which.
- Choose the Business if you have more than one, a Tax Ledger A/c (or All), From Date and To Date, then press Filter.
- The boxes above the table show Output Vat/Tax, Input Vat/Tax and Overall (Output - Input), the tax left to pay for the period.
- The Input Vat/Tax tab lists the tax on purchases and on sales returns. The Output Vat/Tax tab lists the tax on sales, exchanges and purchase returns.
- The columns are Date, Particulars, Business, Voucher Type, Voucher No, Tax Ledger A/c, the tax amount and On Amount (the value the tax was charged on). The last row gives the total tax.
- Click a Voucher No to open the voucher. Excel and Pdf export the table of the open tab.
- Print at the top prints the report with the filters.
Good to know
- Print needs both From Date and To Date.
- A word typed in the search box of the table looks through all dates, not only the dates of the filter.
- A negative Overall means you paid more input tax than you charged.
- Tax Ledger A/c lists the tax accounts of Duties And Taxes. For a tax return laid out for your country use Tax Return.
- A user who cannot see all locations sees only the figures of their own location.