With the introduction of VAT regime in the United Arab Emirates and the Kingdom of Saudi Arabia, Zoho Inventory has brought in two brand new editions: the U.A.E. and the K.S.A. edition.
Businesses in the Gulf countries can stay VAT compliant as with Zoho Inventory, you can now:
1. Configure your business's and your contacts' tax details: This will eliminate the need for repetitive manual entries in the future while recording transactions in Zoho inventory.
2. Assign appropriate tax rates for your products and services: Associating a tax rate for your products and services during creation, helps in reducing the time you spend on individually associating tax rates for each product while recording transactions.
3. Create VAT compliant invoices: Vital details that are required to meet tax compliance are automatically captured on the invoice, once you configure it during setup.
It's not just about VAT, Zoho Inventory is much more! Here are some of the other noteworthy features that would make your everyday inventory management process simpler:
Setup your organization in a jiffy and run a hassle free business!
To know each step in detail, refer to our VAT setup guide for Zoho Inventory. You can also visit our resources section to get more insight on VAT.