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Setting up Web Client for Microsoft Dynamics GP 2018 is pretty easier. Before start of the configuration we should ensure windows environment is correctly setup followed by users; certificates and website. 1. Ensure Microsoft Dynamics GP & SQL Servers are installed on domain environment; 2. Installation of Application Server along with following sub components 2.1 .Net Framework 5 2.2 Windows Process Activation Service Support 2.2.1 HTTP Activation 2.2.2 TCP Activation3. Installation of Web Server (IIS)

Microsoft Dynamics GP on Cloud

Posted by Mustafa Chohan on January 15, 2018
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Cloud computing comes with cost savings and zero hardware investments hence increasing returns on IT investments in a longer run. Cloud servers work in the same way as physical servers but the functions they provide can be very different. It is a model of ubiquitous, on-demand access to a shared pool of configurable computing resources e.g. computer network, server, storage, applications and services, which can be rapidly provisioned and released with minimal management effort. Cloud

VAT Treatments UAE

Posted by Mustafa Chohan on January 5, 2018
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Illustration explains type transactions that can occur in UAE. Our article explains the VAT treatments to be adopted while implementing VAT for your organization based in UAE. Following information gives the basic overview on how VAT should be handled for mainland and freezone company. VAT treatment also varies based on nature of supply i.e. product or a service.  Supply of Products Scenario a. In this scenario Mainland company sells to free zone company. Main land company

VAT for Schools in UAE

Posted by Mustafa Chohan on September 28, 2017
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From 1 January 2018 UAE will be implementing a VAT for 5% on all goods except for educational institutes which are zero rated As per Article 45 “The supply of educational services and related Goods and Services for nurseries, preschool, elementary education, and higher educational institutions owned or funded by Federal or local Government, as specified in the Executive Regulation of this Decree-Law” Which means that services offered by government owned schools will be zero

VAT Tax Group

Posted by Mustafa Chohan on September 27, 2017
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It is very common in UAE that companies form a structure of separate legal entities and hold themselves under the holding company. FTA has provided a special provision for such entities called tax group. Under Tax Group two or more legal entities registers themselves as single entity for tax purposes. Registering a VAT Group can be done at any time. Entities can apply for the tax group if all of the following conditions are met:

Excise tax for UAE

Posted by Mustafa Chohan on September 26, 2017
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Unlike value added tax, excise tax is part of the cost of goods. Excise tax is required to be paid by factory or importer. Excise tax is due at the time when goods are ready for consumption. Excise goods are applicable on products that are harmful to human health or the environment. As per UAE Excise Tax requirements excise tax is required to be paid for the following goods: 1. Carbonated drinks except unflavored Energy drinks
VAT for Microsoft Dynamics ERP
Ensuring reliable policies and procedures are in place to record and report the VAT transactions correctly lies with the corporate entity. Corporates are required to maintain the record for 5 years and present them to FTA as and when required. Failure to maintain such records may result in administrative penalties. UAE has adopted self-assessment which mean corporates are required to ensure sufficient skills and resources are available to record and report the tax correctly. As

Compliance for VAT in UAE

Posted by Mustafa Chohan on September 22, 2017
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Implementing VAT is UAE not only to configure your ERP but also to make sure your team is capable enough to execute the transactions correctly. They are also responsible to compute the correct taxation and to report them in a timely manner. UAE has adopted self assessment method for collection and reporting of VAT, failure to do so may result in heavy penalties. As per the UAE VAT regulations the complete responsibility to implement VAT lies

Tech Ventures

Posted by Mustafa Chohan on January 12, 2017
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