Excel Vat Return Template Uk

VAT Invoice Template with 2 Separate Rates was originally published on office-kit.com as a sample on customizing the default template included in Invoice Manager for Excel (namely Uniform Invoice Software) and a sample on using custom fields. It applies one of the defined VAT rates to each product / item depending on its tax category.

Unlike the previously released c5005 VAT invoicing sample, InvoicingTemplate.com revised this template and add the default LOGO image back to the invoicing template, at the top center of the spreadsheet. In case you don't need it, you can move it out of the printable area, or delete it completely. To do this, you'll have to first unprotect the spreadsheet, and then switch to design mode.

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Once the worksheet is unprotected and switched to design mode, you can move the logo image by dragging and dropping. Or to delete it completely, click to select it and hit DEL key on your keyboard.

To use the template

  1. Set VAT tax rates.

    Open the template in Excel. Click the Settings button. On the Taxes tab specify the tax rates for the two VAT taxes. Click Apply.

  2. Create new customer accounts.

    New customers can be added by either clicking the Save As New Customer button on the Excel spreadsheet form, or by using the New Customer window that can be opened by clicking the Customers button on the Invoice worksheet.

    In either way, you can enter the VAT ID (VAT #) of the customer.

    When creating invoices, you pick up a customer by clicking the icon button, the VAT ID of the customer is retrieved along with other customer information. If a VAT ID is present, the invoice is VAT free.

  3. Create product/service items.

    To add new products, click the Products button on the Invoice worksheet, and then click Add Product. On the New Product window, you can find a TaxCategory field on the Custom Fields tab; with this field you can specify the tax category of the current product or service item. Please make sure the tax category you enter here matches the tax name you enter on the Settings window.

Custom fields

This sample uses several custom fields to implement the feature that are not found in the default template shipped with Invoice Manager for Excel (namely Uniform Invoice Software).

This template added custom fields to Customer, Product, Invoice Header and Invoice Body database tables.

If your items have two VAT rates, download this template for free and test it to see if it meets your business requirements, or use it as a starting point of creating your own invoicing form. Remember that Microsoft Excel already provides all the tools you need to customize the template.

Like other form designs here on InvoicingTemplate.com, VAT Billing Form with 2 Separate Rates is free (offered to you at a price of 0.00USD). It works on Windows XP and all newer versions of Windows, and Excel 2007, 2010, 2013, 2016 or 2019.

Every business entity has to issue a UAE VAT Credit Note, whenever the goods are returned or the is invoice issued is overbilled.

VAT in UAE is expected to be implemented in from 1st January 2018. Businesses must be ready for VAT billing system.

A Credit note is a document issued by a supplier on a customer reduction or discount in the price on the original VAT invoice.

Payment of VAT to the government reduces on account of Credit Notes.

Vat returns

Basically, goods return or reduction in billing amount reduces your tax liability as the goods or services supplied have been reduced by that amount.

Usually, VAT Collected on Sales – VAT on Credit Notes = VAT payable to the government.

To know more about the VAT you can visit the official website of Ministry of Finance – UAE www.mof.gov.ae

We have created an easy to use ready excel template of UAE VAT Credit note with predefined formulas and settings.

This template can be useful to accountants, freelancers, accounts assistants etc.

Just download and change company details in the header section like your company name, logo, address and VAT number.

You can download other accounting templates like UAE VAT Invoice Template,UAE Invoice Template in Arabic, and Cash Book with VAT from here.

Let us discuss the contents of the template in detail.

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Contents of UAE VAT Credit Note Template

This template consists of 2 worksheets. Database Sheet and UAE VAT Credit Note Template.

First is the UAE VAT Credit Note Template and the second one is the Database sheet which contains the list of your customers.

Database sheet contains the details of customers like customer id, customer name, customer address, customer phone, Customer VAT number and customer email address. The main purpose of creating this sheet to save time and simplify your work.

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This Database sheet is linked using VLOOKUP function to the Credit Note Template.

A drop-down list has been created and you can select the customer name. When you select the customer name all the relevant details update automatically.

The Credit Note Template contains 4 sections:

  1. Header
  2. Customer Details
  3. Product Details
  4. Other Details

1. Header

Vat

Header part contains the logo of the company, name of the company, and heading of the template ” UAE VAT Credit Note”.

2. Customer Details

The Customer details section is interlinked with data validation and VLOOKUP function to the database sheet.

You need to update the database sheet once with customer details as per your requirement.

On the right-hand side, enter the Credit note number, Credit Note date and Invoice Number against which the Credit note is issued.

3. Product Details

Product details consist of columns like Description, Quantity, Unit Price and Amount. Simple mathematical computations are applied. At the end, there is the subtotal line.

Quantity X Unit Price = Amount.

4. Other Details

Other details section contains:

  1. The amount in words
  2. Terms and Conditions
  3. Thank You Greeting
  4. Vat Computations
  5. Total Invoice amount
  6. Company Seal/Stamp
  7. Signature Section

Uk Vat Invoice Template

The formula has been added in VAT computation so it will automatically calculate the VAT amount on the total amount of the bill.

It will automatically compute the % with the Subtotal amount and sum up for the final total.

Excel Vat Return Template Uk 2016

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Excel Vat Return Template Uk 2017

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