What goes into each box -Kenya VAT Report

Note:

Nondeductible tax codes created by checking the 100% Non-deductible box on the Tax Code page is not supported. If you want to create nondeductible tax codes that will work with International Tax Reports SuiteApp, see Setting Up Nondeductible Input Tax.

The following table shows how NetSuite uses the tax codes to get the values for the Kenya VAT Report.

Box	Description	Value	VAT Charged
Sales For This Period
1	Taxable sales (general rate) taxable	Net amount of sales S	Tax amount of sales S +Tax amount of sales adjustment in box 1 with S
2	Taxable sales (other rates)	Net amount of sales R	Tax amount of sales R +Tax amount of sales adjustment in box 2 with R
3	Zero rated sales	Net amount of sales Z	—
4	Exempt sales	Net amount of sales E	—
5	Total sales and output tax charged	Box 1+2+3+4	Box 1+2
Purchases For This Period
6	Taxable purchases (general rate)	Net amount of purchases S	Tax amount of purchases S +Tax amount of purchases adjustment in box 6 with S
7	Taxable purchases (other rates)	Net amount of purchases R	Tax amount of purchases R +Tax amount of purchases adjustment in box 7 with R
8	Zero rated purchases	Net amount of purchases Z	—
9	Total taxable purchases and input charged (6+7+8)	—	Box 6+7+8
10	Less non-deductible input tax	—	Editable field
11	Deductible input tax (9-10)	—	Box 9-10
12	Tax due (or claimable) for this period (5-11)	—	Box 5-11
Adjustments
13	Less VAT withheld	—	Editable field
14	Less credit balance from previous month	—	Editable field
15	Add refund claim paid and disallowed	—	Editable field
16	Final tax payable/credit carried forward for this period (12-13-14-15)	—	Box 12-13-14+15

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