You can add transaction(s) manually by clicking the (+) button and choose from either Sales or Purchases.
Adding Sales Transaction:
When adding Sales transaction manually, you can use the default TIN provided by the system or search the name of the customers by typing the name. Add the date and enter the invoice number.
Select the Tax Type, Tax Code and Account by clicking the drop-down arrows to choose the appropriate rate or code. Amount should be based on Net Amount or Based Amount, taxes are automatically computed based on the Tax Type chosen that will reflect before the Total Amount Due.
After saving the transaction(s), users can tag the transaction as Mark as Paid and/or Edit if necessary.
In adding Purchases, amount should be based on Net Amount or Based Amount and taxes are calculated based on the Tax Type and Tax Code chosen that will reflect before the Total Amount Due.
ATC chosen will determine which type of report the transaction(s) will be automatically pushed into. (eg: Expanded Withholding Tax, Final Withholding Tax)
Chart of account can be selected from the default list or it can be added from the Settings. For purchase of Capital Goods, select 900 - Property, Plant and Equipment - Net for proper pulling of transactions into the VAT report.