Value Added Tax هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

Course Description:
 
VAT Training program examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time. This seminar will give you a complete understanding of VAT, covering all the essentials topics and giving you the confidence to know if you are dealing with VAT correctly.

Course Outline

1. Issuing the VAT invoice
2. What does a VAT invoice look like?
3. Contents of an invoice
   1.  Difference between cash business and sales on account
4. VAT records and documentation to be maintained
5. Accounting entries for VAT
   1.   Local purchases of goods and services
   2.   Imported goods and services
   3.   VAT on expenses
   4.   Self-supply of goods and services
   5.   VAT on sales
      1. Discounts provided to customers
   6.   Returned goods
   7.   Exchanged goods
   8.   Interest on late customers' payments
   9.   VAT entries for bad debts write-offs
   10. VAT entries for down-payments
   11. Treatment of damaged goods
   12. Sale on consignment: treatment for consignee and consignor
   13. VAT on leases: operating and finance leases
   14. Purchases and sales of fixed asset
   15. Entities providing non-vatable activities
6. Trial balance accounts needed to complete a VAT return

تحديث بتاريخ 18 June, 2019