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Begin your VAT journey with confidence and without disrupting your day-to-day business activities. Speed, simplicity and reliability are built into Tally.ERP 9 Release 6.3 to make sure you have a comfortable VAT compliance experience.
Accredited and VAT compliant
Tally.ERP 9 is accredited by GAZT (General Authority of Zakat & Tax) in Saudi Arabia. It is also compliant with the VAT guidelines as prescribed by the FTA (Federal Tax Authority) of UAE.
Simplified VAT compliant invoicing
You can create various types of invoices with multiple items, multiple tax types, and multiple currencies within minutes of installation. Invoices with multiple currencies can be printed with the value breakups of the transactions in terms of the different currencies. VAT gets calculated on the base currency (the currency of your country).
Print tax invoices in Arabic
Print VAT compliant tax invoices in Arabic, English, or both, as per the mandated guidelines of GAZT and FTA.
Generate VAT return and Audit file (FAF file) if you are in the UAE
If you are in the UAE, you can generate your VAT return in XML or MS Excel format and VAT Audit file in ASCII format as prescribed by the FTA. The return gets generated by breaking down the taxable sales transactions Emirate-wise as mandated by the FTA.
Error-free invoicing
Release 6.3 has the unique capability to automatically detect and help correct errors which may take place in various instances unknowingly. For example: Wrong TRN nos., errors when entering transactions and so on. You can be sure that your business data is VAT compliant, up-to-date and ready for audits anytime.
Manage all types of VAT transactions
Manage transactions such as discounts, freight charges, self-account for reverse charges, input tax credit and advanced receipts. Drill down further to see how VAT is calculated.
Get comprehensive reports
Get in-depth tax computation and analysis of your VAT return before filing. Book liabilities in the Reverse Charge report. In the Advances Receipt report, you can pass just a single voucher for all advances with a single click.
Let Tally.ERP 9 manage all the VAT compliance for you while you focus on business growth.
To develop your customisations on the new changes made in Tally.ERP 9 Release 6.3, refer the section Upgrading Customisations to Tally.ERP 9 Release 6.3 in Developer Reference.