VAT returns and reconciliations

VAT returns and reconciliations with MyVAT from Pastel Xpress, Pastel Partner or Sage 50Cloud

"HET JOU KATVIS!"

In a Pastel database VAT control transactions are posted with an automated reference, ZCONTRAS.

I am sure many of you can attest that reconciling this transaction back to origination net legs is like plucking nose hair….extremely painful….

MyVAT has been develop to automatically reconcile VAT transaction back to original net legs enabling auditors and accountant to do detailed VAT reconciliations and audits to assess VAT compliance and do VAT returns.

In this video I give a demo how MyVAT breaks up the single ZCONTRAS VAT transaction in a multi-line cash book entry to the net origination legs.

Enjoy!!