VAT201

Finance → VAT201 is the filing register: every VAT201 return recorded for an employer, with the figures each period carried.

Picking the employer

Choose the legal entity in the Employer picker. VAT is a liability of the legal entity, so the register is per employer.

Reading the table

ColumnMeaning
PeriodThe filing period code
Output VATVAT charged on sales in the period
Input VATVAT reclaimable on purchases
Net VATOutput minus input — what was payable to (or refundable by) SARS
FiledWhen the return was filed

Where the figures come from

The VAT amounts are drawn from posted transactions in the ledger — the same postings that drive the Trial Balance. There is nothing to recompute at filing time; the register records what each period's books said.