Course Details

One Day Workshop for UAE & GCC VAT Implementation in Tally ERP 9

UAE VAT (Value Added Tax) in Tally ERP 9 with 40 Lectures 3 Credit Hours

Training Topics of VAT

Enabling & Configuration of VAT. Stock Items & Stock Groups for GCC VAT. Creation of Sales & Purchases Ledgers. Creation of Vendors & Customers Ledgers. Update Party TRN Numbers. Import Party TRN Numbers. Creation of Input Tax Ledger Creation of Output Tax Ledger. Expense and Income Ledgers for GCC VAT (Packing Charges etc.) Local Taxable Purchases. Intra GCC Purchases/Purchases within GCC Countries. Reverse Charge Mechanism in Tally ERP 9. Stat Adjustment for Reverse Charge Liability. Purchases from Un-Registered Dealer within UAE or outside UAE. Purchases of Capital Goods. Purchase Returns Under GCC VAT Claim Input Credit on Capital Goods. Increase input tax credit on imports Reversal of input tax. Record Refund of Input Tax under GCC VAT Import of Goods and Services Under GCC VAT. Supply on Profit Margin Under GCC VAT Local Taxable Sales.

Taxable Sales to party within GCC Countries Registered Dealer. Taxable Sales to party within GCC Countries Un-Registered Dealer. Sale of Goods & Services in a Single Invoice. Sale of Taxable and Exempt Items in a Single Invoice GCC VAT Payments Export Sales to non-VAT-implementing GCC country Export sales to a party outside GCC countries Sales Returns Under GCC VAT Advances Received Under GCC VAT Stat Adjustment on Account of Advance Receipts. Reverse the liability on advance receipt after sales VAT Returns, VAT Filing, Save VAT Return. Audit File for VAT Return. Tax Payment Reconciliation for GCC VAT Advance Receipts Summary for GCC VAT Reverse Charge Summary for GCC VAT Sale on Profit Margin Under GCC VAT