VAT 02 – Periodic VAT reconciliations
Course Presenter: J. Du Toit/J-M. Smit
Duration: 5 hours (morning session)
Maximum Attendees: 30
Course Level: Intermediate
Costs: (FCS Clients, NIPA, ICAN) N$ 1,400.00
Costs: (all others) N$ 2,115.00
Aimed at: All trainees; Bookkeepers; Junior Tax consultants; Client bookkeeping staff.
This practical presentation contains a step-by-step guide on how to reconcile the accounting profit of a registered person to the VAT payments done. The aim is to equip attendees with the tools to perform such reconciliation right down to the last cent – be it for a single VAT period or multiple periods (e.g. a financial year).
An invaluable tool to establish potential or unidentified VAT liabilities of any registered person; finding all Vatable items that have not been claimed and all items that have been claimed but shouldn’t have been.