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Tag: VAT Microsoft Dynamics GP

Microsoft Dynamics GP on Cloud

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 […]

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 […]