Archive for the ‘VAT’ Category

The LPF AgriBusiness VAT Report has now an option to report on the History (data posted during year end) data as well. Normally VAT will be calculated only on the current (before year end) data. You can change this behaviour if necessary.

The better option is to Accept the VAT ‘period’ after you have done the VAT Report. That way all the trasactions linked to this report, are marked with the VAT Period as indicated (i.e. 201104 for April 2011). This also ensures that you can reproduce the particular VAT Report on demand.

If you have not used this report in this way, calculate the VAT up to a particular transaction number and date AND allocate it to period say “X”. Remember to Include the History as well. Once you have accepted this report, the system will mark all the trannsactions with the VAT Period  as “X”. Now you can continue using ‘proper’ periods for you VAT intervals.

You can download the update form the Downloads section (Reports Module) or by clicking on here.

The new diesel rebate for the year 01/03/2011 to 31/03/2012 is 1.42.

Adjust your LPF AgriBusiness or LPF Express system accordingly by adding another line to the Diesel Rebate table. Start your program and goto Setup, Financial, VAT. Select the diesel tab and add another line with the appropriate informatin at the bottom of the list. Remember to move your cursor 1 line up to save the data.

For any enquiries, contact LPF Systems or your auditor for help.

We have added some links and information regarding RSA VAT (Value-Added tax). Browse to the Support, Training, VAT menu option.

You will find two important articels regaring the Zero-rated items and the Exempted items there. Links to the actual act are also available.

New Update available under Downloads, AgriBusiness and Reports.

The VAT Return 201 Item 14 – Capital Goods – did not print correctly in all instances. This was specially true when the account has no VAT due (balance sheet items and NOT Production Items).

Download and install (run) the file to rectify this issue. (Thanks to Clanfresh to point this out!)

Download and run the update for this.

Express

AgriBusiness

I have updated the worksheet to allow you to remove the layout .grd file from the menu.

Another change was made to VAT error when you specify a VAT code and no VAT has been calculated. The program check now whether you have specified both debit and credit accounts before reporting the error.

Download the latest worksheet module or all the modules from the Downloads section.

The following updates are available:

1. Full Setup as on Dec 04, 2009.
2. Reports module to fix a problem with the VAT report.
3. Updated Blanks and Data files.
4. An Updated exe file (main program file).
5. New “All Modules” update file. This EXCLUDES the main program file!

Please report all errors or ‘funnies’ to us. We appreciate your support in this matter.

Die BTW Diesel rabat vir die periode 1/4/2009 tot 31/03/2010 is 1.18. Die koers bly nog 80%.

U kan die rabat byvoeg deur na Opstel\Finansieel\BTW vanaf u hoofmenu te gaan. Kies dan die Diesel geuwel (“tab”). Voeg nou die inligting onder-aan die lys by en kliek op Stoor. U BTW verslag behoort ook nou korrek te werk.

Vraag:

“As ek BTW opgawe wil druk sê dit dat die diesel rabat nie ingevul is nie.  Ek het dit al gaan verander by BTW opstel – diesel.  Maar dit bly daar.”
Antwoord:
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