Produce reports for VAT on Sales and VAT on Purchases.

Locate the updated KSA VAT report and KSA VAT settings document in the Accounting Workspace.

Upon creating the initial company for Saudi Arabia, KSA VAT Settings are automatically generated. For subsequent companies, create new settings.

KSA VAT Settings map Item Tax Templates and Accounts to their respective titles to be displayed in the report.

Note: Multiple Item Tax Template can be set for each item.

In the sales cycle, a prime example would be an item categorized both as Standard-rated Sales and Zero-rated domestic Sales. This scenario applies similarly to the purchase cycle.

Utilize Item Tax Templates in both Sales and Purchase Invoices. This data should yield a comparable KSA VAT Report.