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            • Blockchain December 7, 2022
            • FATF UAE Mutual Evaluation and NAMLCFT Committee September 27, 2022
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            • Tax registration number linking with Customs Registration Number September 30, 2021
            • Tax Group User Guide September 21, 2021
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  • E-commerce personal imports guidance

    Dubai Customs operating under “The Government of Dubai” vide Customs Notice No. (09/2021) has brought in a notice concerning personal imports via e-commerce. There are 13 articles as follows. (1) – Definitions Follow the definitions of these terms. (a) Department (b) Companies (c) Value (d) Platform (e) Personal Goods (2) – Registration It states that […]

    May 16, 2021
  • VAT Payment guide for commercial property buyers

    The Federal Tax Authority (FTA) introduced a guide on 6th May 2021. It facilitates persons who are buying or selling a commercial property that is subject to Value Added Tax (VAT) in the United Arab Emirates (U.A.E) to complete their VAT payment on their (FTA’s) e-services. It has 2 steps required to complete the VAT […]

    May 8, 2021
  • How to retrieve Trial Balance in Tally Prime

    In Tally Prime, you can retrieve the trial balance by following these steps:

    January 17, 2021
  • How to book purchases in Tally Prime

    To book a purchase in Tally Prime, you will need to follow these steps:

    December 18, 2020
  • How to generate a VAT report on tally prime

    To generate a VAT (Value Added Tax) report in Tally Prime, follow these steps: The VAT report will show a detailed breakdown of all the VAT-related transactions that have occurred during the selected period, including the amount of VAT charged, the amount of VAT collected, and the net VAT payable or receivable. You can use […]

    December 12, 2020
  • How to reconcile bank accounts in Tally Prime

    To reconcile a bank account in Tally Prime, you will need to follow these steps: After you have completed the reconciliation, Tally Prime will automatically update the bank account’s balance to reflect the reconciled amount. This will help you to maintain accurate records of your bank account and ensure that your financial statements are up […]

    December 11, 2020
  • Keyboard Shortcuts in Tally Prime

    Tally Prime includes a number of keyboard shortcuts that can help you work more efficiently and save time. Some of the most useful shortcuts are: Alt + G: Opens the Gateway of Tally screen Alt + C: Creates a new ledger, voucher, or other item Alt + A: Displays the Alter screen for the selected […]

    December 11, 2020
  • How to create a bank account in Tally Prime

    To create a bank account in Tally Prime, follow these steps: After creating the bank account, you can use it to record transactions related to the bank, such as deposits, withdrawals, and interest payments. It’s important to regularly reconcile the bank account with your bank statements to ensure that your records are accurate and up-to-date.

    December 8, 2020
  • UAE Decree Federal Law and Executive Regulation

    Federal Decree No. (20) of 2018 is a fundamental pillar of the UAE’s AML/CFT efforts. This Decree stipulated the establishment of:  As implemented by Cabinet Decision No. (10) of 2019, Federal Decree No. (20) of 2018 has raised the effectiveness of the AML/CFT legal and institutional framework of the nation, in line with FATF requirements […]

    October 13, 2020
  • FTA directive on tax returns

    FTA issues directive on alternative deadline to file tax returns (28th May 2020)

    April 21, 2020
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