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 Use this tab of the form to select default GL accounts for the Taxes module.

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Default GL accounts. The Taxes tab

The account you select in In the VAT Tax Type field is , select the type of tax to be used in tourist tax refund scheme.

You use the Current VAT Receivable field to select the account intended for recording the current VAT receivable amounts.

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Using the Input VAT on Prepayments Issued field, you can specify the account for recording the VAT paid to the suppliersuppliers on prepayments. Once the original document is paid, the VAT amount is cleared off the account.

In the Current Other Tax Payable field, you can select an account for recording other tax amounts owed to the FTA.

In the Current Other Tax Receivable field, you can select an account for recording other tax amounts to be received from the FTA.