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MyVAT

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With every step taken in business, aim is placed upon enhancement, to make the best or most effective use of a resource or situation at that point in time. Continuously optimizing. With MyBI, make your business alive and accessible through successful financial reporting and capturing. Together we strive to help your business GROW towards great success. MyBI Apps seamlessly connects with multiple databases from a single location without the need for additional Pastel licenses. Remotely analyse and review businesses with full insight to transaction data. Note that all apps are provided through cloud services (or Dropbox, synchronized to local your machine) to ensure that you can connect from anywhere, at any time! At MyBI we want to assure you that your information and data is handled with the utmost respect. We stand firmly by protecting the data we encounter every single day. Please, find peace in knowing that your data is in good hands. Your Data • Your Asset

Description

The MyVAT App taps directly into the transactional database of Pastel Partner and Pastel Xpress. The App automatically identifies and allocates VAT transactions and then places them against the relevant source transaction leg.

This gives the user the ability to analyse and reconcile VAT at transactional level for a period of up to 5 years.

 

It comes with a user-friendly interface that operates in MS Excel. At first glance, a high-level VAT account overview is given that indicates the difference between VAT associated with transactions vs. VAT associated with payments made to SARS. Use the trial balance that shows the VAT associated with every account to easily reconcile VAT.

 

The VAT Tool also assists in the completion of the IT14SD, VAT return. The MyBI DrillDown feature can be used to view individual transactions.

 

And so, get a grip of your VAT, simplify the process and gain control!

 

– Know exactly what you are paying VAT on.

– Identify where you can get VAT back.

– Create VAT reconciliations automatically.

– Do your SARS VAT201 form accurately in minutes.

– Do a SARS IT14SD analysis like a pro.

– Match each VAT transaction back to its source transaction.

– Easily analyse transactions per VAT type.

– *Note that SAGE Pastel user access NOT required.

Contact Details

Website address: www.mybi.co.za

Email addresses: info@mybi.co.za and operations@mybi.co.za

LinkedIn link: https://za.linkedin.com/company/mybi-app

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