To view the list of all reports in the Taxes module and run them, go to: Taxes > Reports of Taxes. Notice that the most frequently used reports are located in the Reports section on the front page of the Taxes module.
For details on using the report settings and parameters, refer to Adjusting and generating reports.
The reports available in the Taxes module of FirstBit ERP provide you with summary and detailed information on input VAT, recoverable VAT, and output VAT amounts that were collected during specific periods.
Report | Description |
Input VAT | Figure 1. The Input VAT report provides information on how the balances of taxable supplies confirmed and not confirmed by Tax Invoices Received change during the selected period. with the following details. |
Output VAT | Figure 2. The report provides information on the taxable amounts of the standard-rated, tax-exempt supplies sold and prepayments received and on the corresponding output VAT amounts. Also, the supplies under the reverse charge mechanism are listed. You can filter the data by entity, company, tax group, transaction type, and particular tax. You can group the data by company, contract, and tax rate. |
Purchases Outside of the VAT Scope | Figure 3. This report is available if the Tracking of Out of Scope Purchases option selected on the Administration > Settings > Taxes form. The report provides information on purchases of the goods that are out of the VAT scope. |
Recoverable VAT | Figure 4. This report provides information on the taxable amounts of standard-rated (5%) supplies purchased for which Tax Invoices were received from the suppliers. Also, the report includes the data on the tax-exempt supplies and supplies imported under the reverse charge mechanism. You can filter the data by entity, company, contract, and reason for out-of-the-VAT-scope taxation. You can group the data by company, contract, and tax rate. |
Sales Outside of the VAT Scope | Figure 5. This report is available if the Tracking of Out of Scope Sales option selected on the Administration > Settings > Taxes form. The report provides information on sales of the goods that are out of the VAT scope. |
Statement of Tax Accounts | Figure 6. This report provides information on how the balances of Tax accounts change during the specified time interval. You can filter the data by tax type. |
Tax Account Balances | Figure 7. This report provides information on the balances of Tax accounts on the specified date. You can filter the data by tax type. |
Figure 1. Input VAT
Figure 2. Output VAT
Figure 3. Purchases Outside of the VAT Scope
Figure 4. Recoverable VAT
Figure 5. Sales Outside of the VAT Scope
Figure 6. Statement of Tax Accounts
Figure 7. Tax Account Balances
