Where do I find my VAT return and how does it work?
Where do I find my VAT return?
To obtain your VAT return, go to Reports in the left side menu, then select the VAT tab. Indicate your VAT return period in the From and To filters.
How is the VAT return generated in Wafeq?
When you specify tax rates in your invoices, bills, and expenses, Wafeq will automatically calculate the VAT amount and generate your VAT return in the Federal Tax Authority's (FTA) format. All you need to do is log into your FTA's account and fill out your VAT return as generated by Wafeq.