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Mar 9, 2022 10:41 AM UTC
Question

VAT UAE

Hi All

 

can you please advise me how can I add VAT amount in each line in the sales invoice as per UAE FTA Article 59, full tax invoices are to be issued - line items have to show the tax value and net value.
I'm using QB online. 

 

Thank you so much. 

2 replies

Mar 9, 2022 3:16 PM UTC

Hi Jyo2, thanks for joining us on the Community 🙂

 

Our UK product is designed in line with HMRCs VAT invoice requirements; it is not currently possible to show the VAT amount per line item, only the VAT code and item amount. You can, however, include a tax summary on the invoice footer which will display the total VAT amount and net amount per tax code. To enable this, select the Cog > Custom form styles > Edit > Content > Select the footer > Tick VAT summary. 

Mar 18, 2022 5:05 PM UTC

Hi

You can edit the default style from the Custom form styles and show it according to the VAT decree law and its Executive Regulations in UAE just like the photo.