Step
1: Open Detailed VAT Report Page
Ø Go
to Reports → Detailed VAT Report
Step
2: Apply Filters
Ø Business Location -> Choose location (e.g., Location 1)
Ø Date Range -> Select period (Example: 07-06-2026 to 07-06-2026)
Ø Click
Filter button
Step
3: View VAT Summary Table
Ø VAT
Account Type
Ø Taxable
Amount
ØØ VAT
Amount
Step
4: Sales
VAT (Output Tax)
Ø Total Sales (Taxable) -> Shows total sales amount excluding VAT
Ø VAT Amount -> Calculated
tax on sales
Ø Example:
1.
Taxable = 275.00
2.
VAT (5%) = 13.75
Step
5: Expense VAT
Ø Total Expenses
-> Shows expense amount
Ø VAT Amount -> VAT paid on expenses
Step
6: Purchase VAT (Input Tax)
Ø Total Purchases -> Shows purchase amount
Ø VAT Amount -> VAT
paid to suppliers
Ø Example:
1.
Taxable = 160.00
2.
VAT (5%) = 8.00
Step
7: Calculate Total Output Tax
Ø Total Tax due from the period (Sales) -> Equals total VAT collected from sales
Ø Example:Output
VAT = 13.75
Step
8: Calculate Total Input Tax
Ø Tax Recoverable (Expenses and
Purchases)
Ø Equals
VAT paid on purchases + expenses
Ø Example:Input
VAT = 8.00
Step
9: Calculate VAT Payable
Ø Payable for the period
Ø Formula: VAT Payable = Output VAT – Input VAT
Ø Example: 13.75 – 8.00 = 5.75