https://help.tallysolutions.com/docs/te9rel63/Tax_International/GCC_VAT/tallyerp9_for_gcc_vat.htm

Use Tally.ERP 9 for GCC VAT

You can easily comply with GCC VAT using Tally.ERP 9. Refer to the following topics for details.

Requirement

Action

If you are a new user

Install Tally.ERP 9

If you are an existing Tally user

Upgrade to Tally.ERP 9 Release 6.3

Start using Tally.ERP 9 for VAT Compliance

Activate GCC VAT for your company

Prepare your ledgers for GCC VAT transactions

Stock items

Service ledger

Sales and purchase ledgers

Party ledger

GCC VAT tax ledgers

Income and expense ledgers

Record transactions

Purchases

Domestic Purchase

From unregistered dealers (reverse charge)

Within GCC Countries

Capital Goods

Purchase returns

Sales

Domestic Sales

Within GCC Countries

Goods and services in a single invoice

Taxable and exempt items in a single invoice

Sales in the accounting invoice mode

Override tax details in an invoice

Sales with additional ledgers

Sales returns

Imports

Export sales

Supply of used goods

Transfer of right to use

Import for subsequent sales

Advance receipts

VAT payment voucher

Accounting for tax liability

Accounting for input tax credit

VAT opening balance

VAT returns

Generate VAT returns

Resolve Mismatch in Transactions

Save VAT Returns

File VAT returns

Reports

Audit file

Tax Payment Reconciliation

Advance Receipts Summary

Reverse Charge Summary

Sale on Profit Margin

Return Transaction Book