GCC VAT using Tally is designed to help learners understand the advanced concepts of Computerised Accounting and the Middle East countries taxation.
It provides step-by-step instructions starting from:
Fundamentals of GCC VAT, Understanding of Different Types of VAT Supplies, Activation of VAT, Recording of Gulf VAT Transactions, Accounting of Intra GCC Transactions, Purchase Returns & Sales Returns, Advance Receipts, Imports from outside GCC Countries, Export to Outside GCC Countries, Exempt Supply, Accounting of Purchase of Capital Assets, Supply on Profit Margin under GCC VAT, VAT POS Invoice printing in Bilingual (English/Arabic), Payment of VAT to Tax Authority and VAT Reports Analysis. The book is enriched with numerous real life business scenarios, charts, screenshots, observations, solved illustrations, and practice scenarios using TallyPrime. Upon solving these live business scenarios, the learner will be able to understand the intricacies of business operations and would be equipped to handle such transactions in the daily work environment with ease.

Table of Content :

In this chapter you will learn about fundamentals of GCC VAT.
In this chapter you will learn about basic GCC VAT transaction like purchase and sales of taxable goods, Intra and Inter GCC supply.
In this chapter you will learn about Purchase and Sales return, Import and Export, Inclusive, supply of profit margin under GCC and Import for subsequent sales.
In this chapter you will learn about the Printing, Payment to Tax Authority and Filing of Returns.

Frequently Asked Questions

This courseware is highly recommended for learners who aspire to specialise and understand in detail the taxation process in the Middle East countries.
GCC VAT using Tally is a comprehensive course. The topics covered is aligned with the taxation process in the Middle East countries.
The assessment is necessary to complete the course and attain the specialization certificate which will help your career growth and enable you to showcase the certificate.
The assessment will be of 90 mins.
You can enrol for the course through our partner network spread across the country and globally. LOCATE A PARTNER nearby and enrol today for the course.
The course is priced at a very competitive cost. We would encourage you to LOCATE A PARTNER and immediately get enrolled.
If you have further questions you can write to us @ marketing@tallyeducation.com