Output Tax
Tax generated from sales-side taxable documents.
VAT accounting
VAT analysis inside the Accounting ERP
Apply configurable tax codes to commercial documents, review Input Tax and Output Tax, and export period summaries while keeping management estimates clearly separate from tax filing.
VAT codes Output Tax Input Tax VAT summary
VAT workbench
See tax generated by posted commercial documents.
Tax codes can be attached to sales and purchase document lines and summarized over a selected period.
Input Tax
Tax generated from purchase-side taxable documents.
Net VAT
Output Tax less Input Tax as a management view of the net position.
Tax Codes
Analyze taxable base and tax by configured code.
Date range
Run tax analysis for the reporting period you choose.
PDF summary
Export the tax summary to PDF for review.
Currency-aware defaults
Start with a sensible tax-code baseline, then configure the business.
The bootstrap provides regional defaults based on the Accounting base-currency context.
Accounting bootstrap defaults
| Base currency | Default treatment | Rate |
|---|---|---|
| AED | VAT | 5% |
| SAR | VAT | 15% |
| PKR | No Tax | 0% |
| USD | No Tax | 0% |
Tax obligations depend on jurisdiction, registration status, transaction type and current law. Defaults are configuration aids, not legal advice.
Tax in documents
Tax belongs to the commercial line that generated it.
Sales and purchase documents can carry tax codes on their individual lines.
01Choose partyCreate or select the customer or supplier and store tax registration details where applicable.
02Add document linesEnter description, quantity, unit price, discount and the appropriate tax code.
03Review totalsConfirm net, discount, tax and gross values before posting.
04Issue / postCreate the formal accounting effect and tax amounts.
05Review VAT SummaryAnalyze taxable base and tax by code for the selected period.
Corporate Tax estimate
A management estimate, not an electronic filing.
Triplem VIP can calculate a configurable estimate from accounting profit, threshold and rate, but it deliberately labels the result as a management estimate.
Important limitation
The Corporate Tax figure is not a tax return, tax authority integration, legal determination or substitute for professional tax advice. Accounting profit can differ from taxable profit because tax law may require adjustments that are outside the current automated estimate.
Operational modules
Explore the wider Triplem VIP workspace beyond formal Accounting.
Loans, assets, notes and Bitcoin tools remain first-class operational modules and are not removed when Accounting ERP is introduced.
Loan management
Given, taken, repayments and settlement history.
Read guideAssets & depreciation
Acquisition, income, costs, depreciation, book value and reports.
Read guideNotes & reminders
Searchable notes and scheduled follow-ups.
Read guideBitcoin wallet tools
Watch-only, client-side wallet access, history and PDFs.
Read guide Questions
Practical questions about vat accounting.
The answers below describe the current Triplem VIP Accounting workspace and its present boundaries.
Does Triplem VIP calculate VAT on accounting documents?
The Accounting workspace supports configurable tax codes on commercial document lines and summarizes taxable base and tax by code.
What is Output Tax?
In the Accounting tax view, Output Tax represents tax generated on posted sales-side taxable document activity.
What is Input Tax?
Input Tax represents tax generated on posted purchase-side taxable document activity.
Does the Corporate Tax estimate file a tax return?
No. The interface explicitly describes Corporate Tax as a configurable management estimate from accounting books, not an electronic filing or legal determination.
Which default VAT rates are bootstrapped?
The current accounting bootstrap is currency-aware: AED workspaces receive a 5% VAT default, SAR workspaces receive a 15% VAT default, while PKR and USD default to No Tax. Users can configure tax codes as needed.