A tax return is the completion of documentation that calculates an entity’s income earned with the amount of tax payable to the government, government organisations or to potential taxpayers.

This document shows you how to get the VAT payables report in POSibolt. 

To access the TAX Report screen you will need to

  1. Navigate to the main menu

  2. Click on the Accounting

  3. Click on the TAX Report

Image of the TAX Report screen

How to generate the TAX payables report

  1. Select the report type from the dropdown

Output TAX report : If you select Output tax report from the dropdown, it will show you only the output tax details of the selected date range.

Input TAX report : If you select Input tax  report from the dropdown, it will show  you the Input tax details of the selected date range.

Both : If you select both, it will show you the both Output tax details and Input tax details along with the Tax Payable.

  1. Choose the filter by date option from the dropdown. From the dropdown you can choose the filter by date ranges like fixed date, custom From and To date  and By month.

  2. Click on the search button.

In the below example, I am generating the tax payables report for March 2020 by using the filter by month.

You can also generate report for each branches by using organisation filter

The report can be exported to csv and pdf file by clicking on the cvs and pdf image.