MyBI VAT Reconciliation
The MyBI VAT App generates VAT reconciliations directly from Pastel Partner & Pastel Xpress.
The MyBI VAT App taps directly into the transactional database of Pastel Partner & Pastel Xpress. The App automatically identifies and allocates VAT transactions and then places them against the relevant source transaction leg. This gives the user the ability to analyse and reconcile VAT at transactional level for a period of up to 5 years.
It comes with a user-friendly interface that operates in MS Excel. At first glance, a high-level VAT account overview is given that indicates the difference between VAT associated with transactions vs. VAT associated with payments made to SARS. Use the trial balance that shows the VAT associated with every account to easily reconcile VAT.
The VAT Tool also assists in the completion of the IT14SD, VAT return. The MyBI DrillDown feature can be used to view individual transactions.
Main Benefits
- Know exactly what you're paying VAT on.
- Identify where you can get VAT back.
- Create VAT reconciliations automatically on the fly.
- Do your SARS VAT201 form accurately in minutes.
- Do a SARS IT14SD analysis like a pro.
- Match each VAT transaction back to its source transaction.
- Easily analyses transactions per VAT type.
- SAGE Pastel user access not required.
Video Introduction
Values can be queried and drilled into by simply double-clicking on the value. The MyBI DrillDown calls the detailed GL transactions, giving the user full insight into the relevant transactions. The MyBI DrillDown opens in a separate MS Excel workbook enabling the user to build customised reports, check trends, generate graphs and highlight transactions to be followed up quickly and efficiently.
The tool operates in a cloud environment making it easy to use from anywhere. Single licence, unlimited users.
The MyBI VAT Recon Tool can connect to multiple client databases from a single point. In other words, a user can enjoy access to many customers from his/her own computer simultaneously. A team of experts are ready to assist you.
MyBI VAT Reconciliation Interface
VAT Control Account Recon
Use the trial balance that shows the VAT associated with every account to easily reconcile VAT.
Use MyBI DrillDown to view GL transactions
The information you need but can't get from your accounting software
Made for Sage Pastel Partner & Sage Pastel Xpress
Fresh data delivered daily
Open MyBI in the morning and start your day with the latest up to date data about all the transactions in your business.
Access anywhere
Delivered in a cloud environment.
Save time creating reports
Access information quickly and use this up to date data to get a clearer picture of what's going on and make informed decisions.
Take the first step to getting more from your data.
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072 997 9553
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