VAT payable

What is VAT payable?

A value-added tax (VAT) is a type of tax in which the tax is applied to a product whenever any value is added, including in its production and final stage. VAT payable also called as output VAT is found on customer invoices when you sell something.

Here you are going to learn about the steps to generate VAT payable report in fresa gold.
Step 1: Login with Fresa Gold and select Accounts module. (Fig-1)

VAT payable

Fig.1

Step 2: Select General-Accounts option in accounts module. (Fig-2)

VAT payable

Fig.2

Step 3: Select General Ledger statement option. (Fig-3)

VAT payable

Fig.3

Step 4: Enter the date range and select COA as VAT Output then click submit button. (Fig-4)

VAT payable

Fig.4

Step 5: VAT output report will be displayed on the screen. (Fig-5)

VAT payable

Fig.5

Step 6: You can download the report by select options and then click download. (Fig-6)

VAT payable

Fig.6

I hope you got an idea about How to generate VAT payable report in fresa gold.

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