Kenya

●      Company's VAT number was getting printed instead of buyer's VAT number in the sales invoice, resolved: Now, the buyer's VAT number is printed in the sales invoice in the field Party's VAT No.

●      The latest statutory changes for VAT are now supported.

●      New options in VAT compliance: The following options have been provided in latest VAT Form 3:

●      Option to enter the PIN number in the Supplementary Form.

●      VAT/Tax classification Purchases - Exempt.

●      Option to enter Exemption Certificate no. in party ledger.

●      Provision to enter the Device type and Device No. at company level using F11: Features for statutory compliance.

●      The values of the total sales and purchases for unregistered dealers was getting captured based TIN availability: In VAT Form 3, sales or purchase transactions recorded for unregistered dealers appeared under the field Total Purchases and VAT from Suppliers not registered for VAT and Total Purchases and VAT from Suppliers not registered for VAT based on the TIN availability.

●      A provision has been made to export VAT Form 3 directly to Excel: VAT Form 3 can now be exported directly to Excel. Additionally, the option Show number of rows to add? has been provided to add more rows.

●      Error message was appearing when passing purchase entry with Imports Taxable as Nature of Transaction, resolved: When a purchase entry was being made, and Imports Taxable was selected was the Nature of Transaction, the tax amount was not captured, and the error message Potential tax mismatch. was displayed.

●      The issue of rate of exchange value appearing incorrectly when currency symbol and unit of measure start with the same letter, resolved: In a multi-currency transaction, when currency symbol and stock item symbol start with the same letter, the rate of exchange value was appearing as -*-. Also, when data from release 4.93 was being migrated to release 5.2, and when trying to reaccept old currency rate, the same was appearing as -*-.

●      Provision is made to migrate PIN, dealer type, and county automatically: Now, on migration PIN number, dealer type and county details of dealer are automatically captured in ledger. The migration process is now optimized.