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Set Up Charge Ledger for UAE e-Invoicing

Charges such as freight, handling fees, insurance, or additional levies may need to be included in the taxable value of transactions for UAE e-Invoicing. By configuring a charge ledger with the appropriate statutory details, you can ensure accurate VAT calculation and compliant e-Invoice generation.

1. Create a ledger.
2. Under: Select one of the following parent groups:
   • Direct Expenses
   • Direct Incomes
   • Indirect Expenses
   • Indirect Incomes
   • Duties & Taxes
   • Current Assets
   • Loans (Liability)
   • Secured Loans
   • Unsecured Loans
3. Type of Ledger: Select Not Applicable.
4. Under Statutory Details, configure the required options.
   1. Taxability: Not Vatable.
   2. Include in Assessable Value Calculation: Select VAT, if the charge must be considered while calculating the taxable value.
   3. Appropriate to: From the List of Options, select the applicable transaction type.
   4. Method of Calculation: Select how the charge should be calculated for e-Invoicing.
      1. Based on Quantity: The charge depends on the quantity of goods supplied.
      2. Based on Value: The charge is calculated on the value of the supply.
   5. Reason for charge: From the List of Reasons, select the applicable reason.
      
5. Provide other necessary details and press Ctrl+A to save.