Manage reporting, submissions, and adjustments with ease, supporting both cash and invoice-based VAT returns.
VAT
Value Added Tax
Key Features
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Full integration with ZATCA e-Invoice Portal
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Flexible VAT percentage and Applicability Definition with Tiered VAT
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Support Sale & Purchase Classification with VAT Rate for Each Class
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Full VAT Capture and Submission Functionality (All Transactions)
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Capture and Validation of Previous Submissions and VAT Payments
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Full Reporting on VAT Returns, Payments, Claims and Adjustments
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Flexible VAT Return Period (Monthly or Quarterly)
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Auto Generate VAT JV Entries for VAT Return
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Produce VAT Return with Supporting Details
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Support of VAT Return Basis (Cash or Invoice)
