Overview

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This course provides advanced, hands-on training in GCC VAT compliance and return filing using TallyPrime, enabling learners to manage complex VAT transactions and fulfill statutory compliance requirements with confidence. Designed for learners who are familiar with GCC VAT concepts and VAT accounting in TallyPrime, the course focuses on advanced VAT scenarios, compliance workflows, reporting, and return filing. You begin by recording advanced business transactions that require specialized VAT treatment, including imports and exports, transactions under the Profit Margin Scheme, subsequent intra-GCC sales, transfers of the right to use, and the purchase of capital goods. Through practical business scenarios, you will learn to apply the appropriate VAT treatment while maintaining accurate accounting records in accordance with GCC VAT regulations. Building on this foundation, you will perform essential VAT compliance activities in TallyPrime by generating VAT-compliant invoices, managing POS workflows, recording VAT payments to the tax authority, and reconciling VAT liabilities. You will then analyze VAT reports to verify transaction accuracy, identify discrepancies, and ensure the completeness of VAT records before statutory filing. In the final part of the course, you will prepare and manage VAT returns using TallyPrime by reviewing VAT reports, generating the VAT 201 return, and creating the FTA Audit File to support audit readiness and regulatory compliance. By the end of this course, you will have the practical skills required to manage advanced GCC VAT accounting, statutory compliance, reporting, and return filing using TallyPrime.

Syllabus

Managing Cross-Border GCC VAT Transactions and Special Supplies
- This module focuses on managing cross-border business transactions and special supplies under the GCC VAT framework using TallyPrime. Learners will understand the VAT treatment for imports and exports, including imports where VAT is paid or not paid at customs, and record transactions involving the Profit Margin Scheme and subsequent intra-GCC sales. Through practical business scenarios, learners will apply the appropriate VAT treatment to these transactions while ensuring accurate accounting and compliance with GCC VAT requirements.
Accounting for Advanced GCC VAT Transactions
- This module focuses on recording advanced business transactions that require specific VAT treatment under the GCC VAT framework using TallyPrime. Learners will account for the transfer of the right to use and the purchase of capital goods while understanding their VAT implications and accounting treatment. Through practical scenarios and business discussions, learners will develop the skills required to accurately record these transactions and ensure compliance with GCC VAT regulations.
Managing GCC VAT Compliance
- This module focuses on the key compliance activities that businesses perform after recording VAT transactions in TallyPrime. Learners will generate VAT-compliant invoices, understand POS workflows, record VAT payments to the tax authority, and reconcile VAT liabilities. By the end of the module, learners will be able to carry out essential VAT compliance activities while maintaining accurate statutory records.
VAT Reporting and Return Filing in TallyPrime
- This module covers the final stage of the GCC VAT compliance cycle using TallyPrime. Learners will analyze VAT reports, verify VAT information, prepare VAT returns, and generate the FTA Audit File to support statutory reporting and audit readiness. By the end of the module, learners will be able to complete the VAT reporting and return filing process with confidence while ensuring compliance with GCC VAT regulations.