CQ / VAT Cheque, Bank & Tax System
Cheque and bank management plus VAT/WHT for tax reporting compliant with Revenue Department requirements
Cheque & Bank System
Cheque & Bank Control
Cheque data flows automatically from AR/AP modules.
- Print & customize cheque forms for 6 different banks
- Register cheques for authorized review
- Outstanding cheque report — alert when due for deposit
- Print Pay-in Slip instead of handwriting
- Clear cheques in batch or individually
- Track bounced cheques (NSF) for credit evaluation
- Cheque issued report sorted by cheque number — for reconciliation
- Cheque issued report sorted by date — plan fund transfers
- Auto-clear issued cheques option
- Record cash/bank transactions: deposits, withdrawals, transfers, bank charges
- Print movement report for Bank Reconciliation
- Cash withdrawal by company cheque and bill discounting
VAT & Withholding Tax
Tax System
Data flows automatically from purchase, sales, financial, credit/debit notes and GL modules.
- Record VAT-inclusive and VAT-exclusive sales/purchases — and VAT-exempt items
- Print input/output tax reports compliant with Revenue Dept requirements
- Supports partial input-tax credit — show refundable vs non-refundable separately
- Supports late VAT filing (within 6 months or following month)
- Input tax report sorted by receipt date (per announcement 89) or invoice date
- Print & customize 6 input tax report formats (7 original formats)
- Print & customize 6 output tax report formats
- 2 VAT accounting methods: accrual basis and cash basis
- Print tax reports and PND forms by department
- Print PND.3 and PND.53 per Revenue Dept format — ready for 7th submission
- Pre-set income types and WHT rates to prevent errors
