In a new document of the Calculation of VAT Liability type, you need to fill in the required On Date field in the upper area of form.

The "Calculation of VAT Liability (Create)" form 

In the On Date field, specify a date that indicates the end of period for which the tax information will be collected and processed.

<Auto> in the Number field indicates that a number to this document is assigned automatically when you save the document. By default, the From field shows the current business date, which you can change if needed.

In the Entity field, select an entity of your company for which this document is being prepared. The Entity field is available if the Multi-Company Accounting option is selected on: Administration > Settings> General Settings. You can select your personal default entity to appear in documents; for this, refer to Personal Settings. If you have not selected your default entity, the entity defined first will be used as the system default value.

To initially fill in the data or to update the displayed amounts, click the Fill button to the right of the On Date field.

The VAT Payable field shows the VAT amount that is calculated as the balance of the Current VAT Payable account on the specified date. This amount can include the following components:

• Amount of the output VAT
• Interest on overdue tax
• Any penalties that were imposed by the Tax Authority

The VAT Receivable field shows the amount of the recoverable VAT including any tax refunds that the entity can reclaim from the Tax Authority. This amount is calculated as the balance of the Current VAT Receivable account on the chart of accounts.
The Total VAT Receivable/Total VAT Payable field contains the difference between the VAT Payable and VAT Receivable amounts and changes its name (the field label) depending on the sign of this difference. If the difference is a positive value (greater than zero), then it is Total VAT Payable. If the difference is a negative value, then it is Total VAT Receivable—see the screenshot above.

The toolbar buttons

After filling out the form, click the Save button to save your work or Post and close to post and close the document.
Click Generate to select the type of document which you want to generate:

• Payment Expense: if you need to pay to FTA the tax amount that is specified in the Total VAT Payable field.
• Payment Receipt: if you need to record the payment received from FTA as a refund with the amount specified in the Total VAT Receivable field.

For descriptions of other buttons, see Document Toolbar.