Repost from Group friend! Concentrate on VAT Output in sales - TopicsExpress



          

Repost from Group friend! Concentrate on VAT Output in sales journal in case, my inventory = computer laptop which have normal sale price = 100$ then i have 3 pcs of computers where 1 computer i sold to customer in price = 100 $ then VAT output = 10$ 1 computer i sold to customer in price = 50 $ then VAT output receive only 5$ and 1 last computer i gave free for charity so no VAT output received the question, how can i record for this case in sale journal for tax and what is the real VAT Output i need to pay for tax department?
Posted on: Thu, 10 Apr 2014 03:45:02 +0000

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