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Accounting & Reports

Understanding VAT Reports

How to pull tax-compliant reports for your accountant or the FIRS.

Tax Compliance Made Easy

BigtinkCore tracks VAT on every transaction. Here is how to access your data:

1. Generating the Report

Go to Reports > Tax/VAT. Select your date range (e.g., Monthly or Quarterly).

2. Reading the Data

  • Output VAT: Total tax collected from your customers.
  • Taxable Sales: The total value of goods sold before tax.
  • Exempt Sales: Sales of items marked as non-taxable.

3. Exporting for Accountants

You can export these reports as PDF or Excel files to share with your tax consultant or for filing with the Federal Inland Revenue Service (FIRS).

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