Tag: VAT Microsoft Dynamics GP

VAT for Microsoft Dynamics ERP

Implementation of UAE based VAT for Microsoft Dynamics

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. […]

Compliance for VAT in UAE

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 […]