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With FirstBIT ERP, your company can easily comply with the FTA requirements to calculating VAT on appropriate documents, generating tax invoices, record keeping, filing VAT returns, and preparing VAT audit files (in the FAF format).
The VAT functionality is available if the VAT Accounting option is selected on the Administration > Settings > General Settings form.
To be able to use all the extensive VAT functionality of the FirstBIT ERP, make sure that the functionality is correctly configured with using the VAT Configuration Checklist.
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