VAT Computation

To View the The VAT Computation screen displays as shown.

Assessable Value

The Assessable Value is the total value of the transactions made with the respective VAT/Tax Classification.

Tax Amount

The rate of percentage calculated on the Assessable Value is the Tax Amount.

Show all VAT Classifications

Enable the option Show all VAT Classifications? to Yes in F12: Configure

The VAT Computation screen displays the entries made using classifications which do not attract VAT.