The opportunity to pay VAT (Value Added Tax) through online is available in the new VAT act declared recently. This new VAT Payment declaration is likely to be effective from the next month.
According to 1991 VAT act, all the business organizations used to submit the hard copy of VAT Return through manual system. But, as per the new VAT act, all the businessmen have to submit the monthly VAT Return through online. But, there is nothing to get worried about in such condition. That’s because online VAT payment can be easily done by using the VAT Management Software introduced by the IT Company UY Systems. UY Systems Limited is a listed company of NBR (National Board of Revenue) for the development of VAT Management Software. The software has already gained acceptance among numbers of subscribers.
Several important tasks can be accomplished easily through the VAT Management Software and among them, the remarkable ones are Purchase Account Book (6.1), Sales Account Book (6.2), VAT Invoice (6.3), Contractual Production Invoice (6.4), Goods Shifting Invoice (6.5), Certificate of Tax Deduction at Source (6.6), Credit note (6.7), Debit Note (6.8), Turnover VAT Invoice (6.9), Information to Purchase & Sales Invoice costing above taka 2 lakh (6.10), Application of Supplementary Duty Combination (7.1), VAT -Value Added Tax Submission Paper (9.1) and preparing other work-lists and reports as per subscriber-demands.
This VAT Management Software can easily work simultaneously with SAP, Oracle or any other Enterprise Resource Planning (ERP) software. Despite of using other system for accounts purpose in a company, UY System software installation will cause no trouble in this regard. VAT Management Software of UY Systems has been basically developed under the supervision of the leading experts who usually work on new VAT act of NBR. 24 hours service in a week will be available to operate the system successfully. For more details, please visit www.uysystems.com or contact @ 01755607306.