Do you have a YouTube version of this setup ? It is really not working for UAE. Only standard rate of 5% is working well. Other taxes like zeroed taxes, exempt taxes of the items sold have to be calculated and reported to authorities . I could not find a solution for this . Please help.
2 06/06/2018 01:06:07 pm
Re: Vat and Tax Setup (5 replies, posted in Setup)
The below link doesn't work. I would like to know how to setup tax in FA. The given details are not that much clear.
erikvs wrote:
Hi,
Please see process we use for Vat and Tax setup for various scenarios (2.4RCI), there are 4 steps applied.
1. Setup GL accounts (Chart of Accounts) based on tax types
2. Create "Item Tax Types"
3. Create " Tax Types"
4. Create "Tax Groups"
More can be seen here https://www.raxsonic.com/frontaccounting/index.htm
3 06/06/2018 12:57:49 pm
Topic: VAT SETUP FOR UAE (0 replies, posted in Setup)
Can someone assist how to setup VAT for UAE ?
The UAE users might have done this already. Kindly provide some screen shots.