Record VAT documents
What should VAT-registered businesses keep a record of?
-
Businesses that are
VAT registered must maintain a record of the following documents for at least 5 years from the date of the transaction:
- Tax invoices
- Bills
- Receipts of tax invoices
- Credit notes
- Debit notes
VAT compliant documents in Wafeq
You can easily create tax invoices, bills, and credit notes, and send invoice payment receipts for Wafeq to automatically record output and input VAT in your VAT return.