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https://help.tallysolutions.com/docs/te9rel64/Tax_International/Kenya_VAT/KEN_FAQs.htm

VAT - FAQ (Kenya)

This page provides all the FAQ related to Kenya VAT.

Defining Tax Rates

Creating Masters

Recording Purchase Transactions

Recording Sales Transactions

Recording Adjustment and Payment Transactions

Forms and Annexures

Resolving Exceptions

Defining Tax Rates

1. How do I enable VAT?

2. How do I define tax rates at ledger level?

3. How do I define tax rates at stock item level?

4. How do I define tax rate for stock group?

Creating Masters

1. How do I create a supplier ledger?

2. How do I create a customer ledger?

3. How do I create a purchase ledger?

4. How do I create a sales ledger?

5. How do I create a VAT ledger under Duties & Taxes?

Recording Purchase Transactions

1. How do I record local purchase transaction for items attracting multiple VAT rates?

2. How do I record purchases with additional ledger?

3. How do I record taxable purchase imports?

4. How do I record purchase imports?

5. How do I record exempt purchases?

6. How do I record zero rated purchases?

Recording Sales Transactions

1. How do I record a local sales invoice for taxable goods with multiple VAT rates?

2. How do I record sales with additional ledgers?

3. How to enable Rate (Inclusive of Tax) for the stock items while passing invoice?

4. How do I record zero rated sales?

5. How do I record exempt sales?

6. How do I record export sales?

Recording Adjustment and Payment Transactions

1. How do I record a purchase return?

2. How do I record a sales return?

3. How do I record a payment voucher?

4. How do I record a journal voucher for adjustment of VAT withheld?

5. How do I record a journal voucher for VAT refund claim?

6. How do I record a journal voucher for reversal of tax?

Forms and Annexures

1. What is VAT Form-3?

2. What are excluded transactions?

3. What are included transaction?

4. What are uncertain transactions?

5. How do I save the VAT return?

6. How do I recompute the VAT returns?

7. How do I export VAT Form-3?

8. How do I view included transactions details?

9. How do I view excluded transactions details?

Resolving Exceptions

1. How do I resolve Unable to determine country exception?

2. How do I resolve Unable to determine party's dealer type exception?

3. How do I resolve Unable to determine duty type of ledger exception?

4. How do I resolve Unable to determine the tax details of the stock group/stock item(s) exception?

5. How do I resolve Unable to determine the tax details of group/ledger(s) exception?

6. How do I resolve transactions accepted with tax information conflicts exception?

7. How do I resolve Mismatch in tax amount exception?

8. How do I resolve Unable to determine nature of adjustment exception?

Kenya VAT

1. What is PIN and what is its purpose?

2. What is device number?

3. What are the types of device available for Kenya region?

4. Can I configure more than one device?

5. Why and how to configure device detail in sales & credit note voucher type?

6. What is withheld tax and when is it used?

7. What are the type of goods available?

8. What are the types of tax rate categories? Which category is mandatory for generating returns?

9. Is it necessary to specify Description of VAT during recording of a transaction?

10. What is Return Transaction Book?

11. What is VAT Reconciliation Book?

12. What are the VAT Stat adjustments flags available for Kenya?

13. Overwritten assessable value and import transactions were not migrated when Tally.ERP 9 was upgraded to Release 5.0. Why?

14. The exempted transaction recorded by not providing PIN of the party were marked as errors. Why?

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