VAT Summary

Tax Reports | VAT Summary | VAT Summary Aids

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)

VAT Summary Menu List(Sales) terms based on Oojeema Prime System

1. Date Filter - Date Range filter for VAT Summary monthly report.
2. VAT Summary Tab(Purchase, Sales) - Detailed Report for Sales and Purchase VAT Summary.
3. Voucher No. - Reference No. of the Sales Transaction
4. Transaction Date - Date when the transaction is created
5. Invoice No. - The Invoice reference tagged in the Receivable
6. Reference - Reference No indicated on the Sales Invoice.
7. Partner - the Customer assigned in the Transaction.
8. TIN - Tax Identification Number of the Customer.
9. Address - Address of the Customer.
10. Gross Amount - Amount in the Transaction without any Tax, Discounts and computations involved.
11. Net Amount - Amount in the Transaction with Tax, Discounts and other computations involved.
12. Tax Amount - Tax Amount Applied in the specific Transaction
13. Tax Type - Type of Tax applied in the transaction.
14. 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)

VAT Summary Menu List(Purchase) terms based on Oojeema Prime System

1. Date Filter - Date Range filter for VAT Summary monthly report.
2. VAT Summary Tab(Purchase, Sales) - Detailed Report for Sales and Purchase VAT Summary.
3. Voucher No. - Reference No. of the Sales Transaction
4. Transaction Date - Date when the transaction is created
5. Invoice No. - The Invoice reference tagged in the Payable
6. Reference - Reference No indicated on the Purchase Receipt
7. Partner - the Supplier assigned in the Transaction.
8. TIN - Tax Identification Number of the Supplier
9. Address - Address of the Supplier
10. Gross Amount - Amount in the Transaction without any Tax, Discounts and computations involved.
11. Net Amount - Amount in the Transaction with Tax, Discounts and other computations involved.
12. Tax Amount - Tax Amount Applied in the specific Transaction
13. Tax Type - Type of Tax applied in the transaction.
14. 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