Tax/VAT Return Report: Difference between revisions

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===Summary level of detail===
===Summary level of detail===


This option will show the Journal type, details of the tax used, Net amount and VAT amount for both Tax collected on Input and Tax paid on Output.
Displays basic details of the different types of VAT used in the different types of journals for both Tax on Input and Output.


[[image:VatReturn1.png|900px]]
[[image:VatReturn1.png|900px]]
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===Transactions level of detail===
===Transactions level of detail===


This option will show a more detailed report of both Tax on Input and Output such as Journal batch no., Invoice no. and date, Customer Name and TRN etc.
Displays a detailed report on Tax collected on Input and paid on Output with columns like Journal batch no., Invoice no. and date, Customer Name and TRN etc.


[[image:VatReturn2.png|1300px]]
[[image:VatReturn2.png|1300px]]

Revision as of 11:21, 27 November 2018

VatReturn3.png


Tax/Vat Return report

The Tax/Vat report is used to get a tax summary of all VAT items used in the specified period.

You can choose the level of detail you require i.e. either Summary or Transaction level.

Summary level of detail

Displays basic details of the different types of VAT used in the different types of journals for both Tax on Input and Output.

VatReturn1.png

Transactions level of detail

Displays a detailed report on Tax collected on Input and paid on Output with columns like Journal batch no., Invoice no. and date, Customer Name and TRN etc.

VatReturn2.png