GCC VAT is a new tax which is being levied in the GCC countries since January 2018 as per the agreement between countries belonging to the GCC as VAT will affect all new and old business in GCC countries and is an indirect tax. The business is required to collect and submit this Tax to the concerned authorities. The VAT will be levied per transaction and in line with prescribed VAT laws, and therefore, a complete understanding of VAT is necessary to be compliant with it.
Focus
| PIXEL Management & Consultation Services’s professional VAT services consultancy focuses on Value Added Tax and its implementation.
Experience
Our team comes with relevant experience and is in consultation with the VAT authorities. We have the right knowledge to help guide companies through all matters related to VAT.
Risk-Free
We offer support and professional services to comply with the VAT regulations and keep you safe from the risks of fines in case of non-compliance.
When a consumer makes a purchase, along with the value of product the consumer pays prescribed amount of tax and the seller collects it to pay to the government authorities. Business owners have to register with tax authorities to be authorized to collect and submit VAT in order to conduct all the transactions in the right way, updating or renewing your ERP system. VAT imposed on manufacturing is ‘input VAT’ and VAT collected per sale is ‘output VAT’. The company needs to pay tax as the difference in input VAT and output.
Our VAT friendly ERP software is the answer to meet your VAT requirements within the accounting systems and has proved successful with business organizations. Our cloud-based ERP software is offered that comes with in-built functionality to automate the business process as per VAT laws. It is cloud-based ERP software that enables every business firm to be fully complying with VAT laws. It can also be used to upgrade your native ERP system quickly and in a hassle-free manner.
Sales, Returns, Quotes, Credit and Debit Memo, Payments
Service Order, Returns, Quotes, Credit and Debit Memo, Customer Payments
Purchase Order, Goods Receipt, Invoice, Vendor Payments, Credit and Debit Memo
VAT Statement, VAT Return, Profit & Loss Statement, Bank Reconciliation, Journal Entry, Balance Sheet
Material Planning, Incoming Goods, Outgoing Goods, Stock Transfer, Stock Disposal, Stock Adjustment
Sales, Expenses, Accounts, Payment, Profit & Loss