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By year 2018, VAT will be implemented in the Middle East. How to set it up?
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You can contact with Evincible Solutions Jeddah branch, they will provide you solution.
or can have inquiry on almas@evinciblesolutions.com
Hi,
It would not be possible to describe the set up in an answer to your post, however in general terms:
The set up will follow the same set up approach as VAT in the European Union / GST in Australia / Sales Tax in the US.
You will use the standard out of the box tax engine in GP. You may or may not decide to install and use the VAT Daybook functionality, but its there if you want it, and it adds functionality to GCC reporting / audit. (I would advise you to use the VAT Daybooks, but its not absolutely necessary).
If you need any assistance setting up GP to handle GCC, PM me.
Ian.
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