Difference between revisions of "VAT Summary"

Revision as of 12:29, 12 March 2021

VAT Summary refers to the summary of Sales and Purchases taxes which gives the user an overview if their hit their monthly target.

VAT Summary Menu List(Sales)

VAT Summary Menu List(Sales) terms based on Oojeema Prime System
Field	Description
1. Date Filter	Date Range filter for VAT Summary monthly report.
2. Export	Allows the user to export the Summary Report.
3. VAT Summary Tab(Purchase, Sales)	Detailed Report for Sales and Purchase VAT Summary.
4. Voucher No	Reference No. of the Sales Transaction
5. Transaction Date	Date when the transaction is created
6. Invoice No	The Invoice reference tagged in the Receivable
7. Reference	Reference No indicated on the Sales Invoice.
8. Partner	The Customer assigned in the Transaction.
9. TIN	Tax Identification Number of the Customer.
10. Address	Address of the Customer.
11. Gross Amount	Whole amount in the Transaction.
12. Net Amount	Amount in the Transaction after all deductions are applied.
13. Tax Amount	Tax Amount Applied in the specific Transaction
14. Tax Type	Type of Tax applied in the transaction.
15. Beginning Balance	Starting Balance that is carried over last month.

Notes:

Clicking the Voucher No and the Invoice No. will redirect the user to the View function of the specific transaction.
For detailed instructions on how to Export, and view Reference Vouchers/Transactions in VAT Summary, the user may visit the VAT Summary Job Aids which can be found here

VAT Summary Menu List(Purchase)

VAT Summary Menu List(Purchase) terms based on Oojeema Prime System
Field	Description
1. Date Filter	Date Range filter for VAT Summary monthly report.
2. Export	Allows the user to export the Summary Report.
3. VAT Summary Tab(Purchase, Sales)	Detailed Report for Sales and Purchase VAT Summary.
4. Voucher No	Reference No. of the Purchase Transaction
5. Transaction Date	Date when the transaction is created
6. Invoice No	The Invoice reference tagged in the Payable
7. Reference	Reference No indicated on the Purchase Receipt.
8. Partner	The Supplier assigned in the Transaction.
9. TIN	Tax Identification Number of the Supplier.
10. Address	Address of the Supplier
11. Gross Amount	Whole amount in the Transaction.
12. Net Amount	Amount in the Transaction after all deductions are applied.
13. Tax Amount	Tax Amount Applied in the specific Transaction
14. Tax Type	Type of Tax applied in the transaction.
15. Beginning Balance	Starting Balance that is carried over last month.

Notes:

Clicking the Voucher No and the Invoice No. will redirect the user to the View function of the specific transaction.
For detailed instructions on how to Export, and view Reference Vouchers/Transactions in VAT Summary, the user may visit the VAT Summary Job Aids which can be found here

Categories:
Modules
Sales	Sales \| Sales Invoice
Purchase	Purchase \| Purchase Receipt
Financials	Accounts Receivable \| Accounts Payable
Maintenance	Customer \| Supplier \| Tax
Job Aid Modules
Sales Aids	Sales Invoice
Purchase Aids	Accounts Receivable Aids \| Accounts Payable Aids
Maintenance Aids	Customer Aids \| Supplier Aids \| Tax Aids
Reports Module(Reports)
Reports	Tax Reports
Tax Reports	Sales Journal \| Purchase Journal \| VAT Summary \| BIR Form 2550M \| BIR Form 2550Q \| BIR Form 2551Q \| BIR Form 0619-E \| BIR Form 1601E-Q \| BIR Form 1604E \| Sales Relief \| Purchase Relief \| Summary Alphalist of Withholding Tax
Reports Aid
Tax Reports	Sales Journal Aids \| Purchase Journal Aids \| VAT Summary Aids \| BIR Form 2550M Aids \| BIR Form 2550Q Aids \| BIR Form 2551Q Aids \| BIR Form 0619-E Aids \| BIR Form 1601E-Q Aids \| BIR Form 1604E Aids \| Sales Relief Aids \| Purchase Relief Aids \| Summary Alphalist of Withholding Taxes Aids

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 {| class="wikitable"
-|+VAT Summary Menu List(Sales) terms based on Oojeema Prime System
+|+VAT Summary Menu List(Purchase) terms based on Oojeema Prime System
 !'''Field'''
 !'''Description'''