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VAT Summary
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- Last edited 2 years ago by Gelo
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VAT Summary
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)
File:VAT Summary Menu List(Sales).png
VAT Summary Menu List(Sales)
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)
File:VAT Summary Menu List(Purchase).png
VAT Summary Menu List(Purchase)
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
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 |