TallyPrime is VAT Compliant for Oman & more!
Based on the Oman VAT regulations by the Oman Tax Authority, TallyPrime has been developed accordingly to meet the Compliance. In addition to being VAT Compliant, TallyPrime has incorporated a robust process for VAT Data Validation.
Robust VAT Data Validation Process in TallyPrime
Tally is designed on 3 core Principles “Prevent – Detect – Correct” to minimize wrong input of data
Prevent
Detect
Correct
- Mismatch / Wrong VAT Calculation in Tax Invoice
- Mismatch of VAT Category
- Not to miss Buyer / Supplier VAT number
- VAT Amount Mismatch
- VAT Not Charged at all
- VAT Number Missing
- Done on a Daily Weekly Monthly Basis
Tally’s Prevention, Detection and Correction mechanism ensures that your books are always accurate, hence giving you the confidence that the returns you file are always correct!