VAT Summary

Tax Reports | VAT Summary

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)

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.

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.

Exporting VAT Summary

1. Click Reports under Main Menu
2. Under Reports Menu, Click VAT Summary under Tax Reports section.
3. Under VAT Summary, click the Export Button on the right side. Take note that the user can filter the Date for precise exportation of records.

Viewing Vouchers on VAT Summary

1. Click Reports under Main Menu
2. Under Reports Page, Click VAT Summary under Tax Reports section.
3. Under VAT Summary, click the link vouchers under Voucher Number column, clicking the reference voucher will redirect the user to view function of the respective voucher.

Note

• These are both applicable on Sales and Purchase Tab of the VAT Summary

Viewing Invoice Vouchers on VAT Summary

1. Click Reports under Main Menu
2. Under Reports Menu, Click VAT Summary under Tax Reports.
3. Under VAT Summary, click the link vouchers under Invoice Number column, clicking the reference voucher will redirect the user to view function of the respective voucher.

Note

• These are both applicable on Sales and Purchase Tab of the VAT Summary.