Specialist VAT Services

Kant & Clients together with its associated companies Emirates Business Management International Consultants (EBM), and Visual ACE Business Solutions can deliver a full range of professional services related to VAT, as under

VAT Audit/Assurance/Accounting Services

• VAT/External/Statutory Audit of your company (we are legally registered Auditors with Govt. of UAE with professional indemnity insurance of AED 1 Million) read more...

• Audit is mandatory for all companies as per Commercial Companies’ Laws in UAE, for LLC, FZCo, FZE, etc. We have 25 years’ experience in the same with hundreds of clients
• Consulting on VAT-compatible Records/Documents/Books of Accounts
• VAT Reporting & Reconciliation before submission to the Govt.
• Internal Audit & Reporting of VAT related records
• Accounts Outsourcing

VAT Consulting/Advisory Services
• VAT Consulting to explain the concepts and specific applicability to your company
• VAT Compliance review for your company
• Preparing you for VAT before 1.1.2018
• Maximising your benefits and legal set-off for VAT
• Automation – from recording, to reporting, to submission

VAT-Compatible ERP/Accounting Software
• VAT-compliance review for your ERP/Accounting Software
• Installation of VAT-compatible ERP/Accounting Software
• VAT Controls & Reconciliations in ERP/Accounting Software
• VAT Reporting in ERP/Accounting Software
• VAT Auto-Alerts in ERP/Accounting Software
• Customised Solutionsread less

VAT-Compatible Accounting Software

VAT in Sales, Sales Returns, Purchase, Purchase Returns, Entries & Printed Invoice
Automatic calculation of VAT at given %
VAT added at the bottom of Invoice in the Entry Screen, as well as in the Printed Invoice
You can remove VAT if not applicable to certain Invoices for VAT Exempt items
VAT on Stock and Non-Stock (Service) Items

Automatic accounting based on one-time Setup for VAT Collected and VAT Paid
Create a separate Group in Current Liabilities for VAT Payable – under which VAT Paid Account and VAT Collected Account are shown, with Sub-Total of Net VAT Payable
Statement of Account for VAT Paid and VAT Collected, showing details of each Invoice (Invoice Type, Number, Date, Party Name, Amount)
Integrated with Visual ACE, Visual ACE-GOLD

VAT Audit/Assurance
/Accounting Service 6

VAT Audit/Assurance<br>/Accounting Service

VAT/External/Statutory Audit of your company (we are legally registered Auditors with Govt. of UAE with professional indemnity insurance of AED 1 Million)
Audit is mandatory for all companies as per Commercial Companies’ Laws in UAE, for LLC, FZCo, FZE, etc. We have 25 years’ experience in the same with hundreds of clients
Consulting on VAT-compatible Records/Documents/Books of Accounts

VAT Reporting & Reconciliation before submission to the Govt.
Internal Audit & Reporting of VAT related records
Accounts Outsourcing
Please click here to download the brochure

VAT-Compatible ERP/Accounting Software 6

VAT in Sales, Sales Returns, Purchase, Purchase Returns, Entries & Printed Invoice
Automatic calculation of VAT at given %
Define VAT Groups with VAT% and link to Items
Different VAT Rate % possible for different Items Groups, if applicable
VAT on Stock and Non-Stock (Service) Items
Automatic accounting based on one-time Setup for VAT Collected and VAT Paid

VAT Collection Analysis for Transaction-wise details for VAT Collected
VAT Collection Analysis (Charged to Customers) for Transaction-wise details for VAT Collected
VAT Paid Analysis (Charged by Suppliers) for Transaction-wise details for VAT Paid
VAT Analysis Report for One Page Summary of VAT Collection & Paid, VAT Account Reconciliation, Sign for Checking & Authorisation
VAT Collection & Paid Statement of Account
Excel-based Reporting,hence fully customizable
Integrated with Visual ACE, Visual ACE-GOLD
Very User-friendly software, and much more…

Please click here to download the brochure

Jewellery Specialist VAT Audit & Services 6

Extensive experience in jewellery accounting, inventory control and management reporting
Extensive experience in internal control system for jewellers
Specialist knowledge of loop-holes and weak areas open to exploitation for jewellers
Specialist knowledge of special jewellery features like fixed/unfixed metal transactions, metal fixing positions and risks, purity losses/gains, scrap transactions, pure gold

Reconciliations, metal trial balances, consignment or approval transactions, diamond jewellery component control, diamond jewellery tagging and physical stock verification control, etc, etc

Please click here to download the brochure

VAT-Compatible Accounting Software 5

VAT in Sales, Sales Returns, Purchase, Purchase Returns, Entries & Printed Invoice
Automatic calculation of VAT at given %
VAT added at the bottom of Invoice in the Entry Screen, as well as in the Printed Invoice
You can remove VAT if not applicable to certain Invoices for VAT Exempt items
VAT on Stock and Non-Stock (Service) Items

Automatic accounting based on one-time Setup for VAT Collected and VAT Paid
Create a separate Group in Current Liabilities for VAT Payable – under which VAT Paid Account and VAT Collected Account are shown, with Sub-Total of Net VAT Payable
Statement of Account for VAT Paid and VAT Collected, showing details of each Invoice (Invoice Type, Number, Date, Party Name, Amount)
Integrated with Visual ACE, Visual ACE-GOLD
Very User-friendly software, and much more…

Please click here to download the brochure