VAT Commodity for botswana
Posted in Botswana

Creating VAT Commodity for botswana VAT

To create a VAT Commodity Go to Gateway of Tally > Inventory Info. > VAT Commodity > Create 1. Enter the Name of VAT Commodity…

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Sundry creditors ledger creation
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Create Sundry Creditor Ledger Botswana VAT

To create a Sundry Creditor (Supplier) ledger, Go to Gateway of Tally > Accounts Info. > Ledger > Create Click on F12: Configure button and…

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Posted in Botswana

Create Input VAT Ledger for botswana VAT

To create an Input VAT ledger, Go to Gateway of Tally > Accounts Info. > Ledgers > Create 1. Enter the Name as Input VAT…

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Purchase Ledger Used In botswana VAT
Posted in Botswana

Purchase of Taxable Goods botswana VAT

Example 1: On 1-7-2011, Premier (Pty) Ltd. purchased the following items taxable at 12% VAT Rate from Letsego Trading Limited vide invoice number P001: Step…

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Company operation alteration screen
Posted in Botswana

Enabling Botswana VAT in Tally.ERP 9

Creating a Company It takes a one-time configuration in Tally.ERP 9, to enable VAT. Let us take an example of a VAT Registered person –…

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Posted in Botswana

General Terminologies of botswana VAT

The Value Added Tax Act of Botswana was passed by Parliament in December 2000 and gazetted on 1st February 2001. As per the VAT law…

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