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)
Fig.1
Step 2: Select Tax Reports option in accounts module. (Fig-2)
Fig.2
Step 3: Select VAT Payable Format 1 option. (Fig-3)
Fig.3
Step 4: Enter the date range and then click submit button. (Fig-4)
Fig.4
Step 5: VAT payable report will be displayed on the screen. (Fig-5)
Fig.5
Step 6: You can download the report by select options and then click download. (Fig-6)
Fig.6
I hope you got an idea about How to generate VAT payable report in fresa gold.
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