UAE Regional Fields

Fields added to the Standard DocTypes to help regional compliances.

1. Item Master

  1. Is Zero Rated: Tick this checkbox for items that are Zero Rated.

  2. Is Exempt: Tick this checkbox for items that are tax exempted.

2. Sales Invoice

  1. VAT Emirate: Select the Emirate of Place of Supply.

  2. Refund Provided to Tourists: Enter the Tax Amount that was refunded to tourists.

3. Purchase Invoice

  1. Recoverable Standard Rated Expense: Enter the Tax Amount that can be recovered.

  2. Reverse Charge Applicable: Choose 'Y' if Reverse Charge is applicable. Taxes would be made zero and a reverse GL Entry will be created.

  3. Recoverable Reverse Charge (Percentage): Enter the percentage for which the Tax Paid under Reverse Charge is recoverable.

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