To automatically generate the VAT declaration and the VAT control statement, you must first create enough sales tax codes to keep a separate VAT accounting for each box on the VAT declaration. Additionally, in the application-specific parameters of the VAT declaration format and the VAT...
To automatically generate the VAT declaration and the VAT control statement, you must first create enough sales tax codes to keep a separate VAT accounting for each box on the VAT declaration. Additionally, in the application-specific parameters of the VAT declaration format and the VAT control ...
cial invoices in any one of the following cases: (1)The accounting system is unsound, i. e., it can -not accurately compute the output tax, input tax and the amount of Value-Added Tax payable as requi red under the accounting regulations and by tax au -thorities; (2)Accurate informat...
Each company shall maintain its accounting books/records in its head office for a period of at least 5 (five) years from the end of the financial year of the company.” The following must be kept for 5 years: Purchase – Supplier Invoices Purchase – Supplier Credit Notes Sales Invoices ...
The introduction of VAT will significantly change business accounting operations. This guide explains the basics of VAT and it’s impact on businesses and consumers. This section will cover the following topics Understanding Value Added Tax How does VAT work?
in the English or Setswana language – • original tax invoices, tax credit notes and tax debit notes received; • copies of all tax invoices, tax credit notes and tax debit notes issued; • customs documentation relating to imports and exports; • accounting records; and • any other...
To automatically generate the report, you must first create enough sales tax codes to keep a separate VAT accounting for each box on the VAT declaration. Additionally, in the application-specific parameters of the Electronic reporting (ER) format for the VAT declaration, you must associate sal...
To automatically generate the VAT declaration, you must create enough sales tax codes to keep a separate VAT accounting for each box on the VAT declaration. Additionally, in the application-specific parameters of the VAT declaration electronic reporting format, you must associate sales tax...
To automatically generate the report, you must first create enough sales tax codes to keep a separate VAT accounting for each box on the VAT declaration. Additionally, in the application-specific parameters of the Electronic reporting (ER) format for the VAT declaration, you must associate sales...
To automatically generate the report, you must first create enough sales tax codes to keep a separate VAT accounting for each box on the VAT declaration. Additionally, in the application-specific parameters of the Electronic reporting (ER) format for the VAT declaration, you must associate sales...