Accounting
Revenue (net of VAT)
K 0.00
0 paid invoices
Output VAT collected
K 0.00
at 15% on paid
Gross receipts
K 0.00
cash-equivalent in
K 0.00
logged outflows
Accounts receivableK 0.00
unpaid placed orders
Net cash · lifetime
K 0.00
receipts minus expenses
Books of prime entry
- Sales journal· IAS 18 / IFRS 15
- Cash receipts journal· IAS 7
- Cash payments journal· IAS 7
- Expenses ledger· IAS 1
Ledgers
- Sales ledger (AR)· IFRS 9
Financial statements
- Trial balance· IAS 1.10
- Income statement (SOPL)· IAS 1.81
Tax
- VAT reconciliation· ZRA VAT Act · 15%