Made for the UAE · VAT

How Gigoo handles the VAT 201 return

Your VAT return in the FTA's VAT 201 boxes, ready for your accountant to enter in EmaraTax. Mark the return as filed, and the period locks.

Go to Finance › MIS Reports › Tax › VAT 201 Return.

Then MIS Reports.

Then Tax.

Then VAT 201 Return.

Open the return of the period. Use the filters Not filed, Filed or Overdue to find it; if it is not there, click New.

Click Refresh Figures. Gigoo works the boxes out again from the posted invoices, bills and entries.

Read the yellow box Before filing, please review: and click a link to open the items behind it. Fix what needs fixing, then Refresh Figures again.

Check the Boxes tab. The list icon at the end of a line shows what is in that box.

Click View to open the return in the layout of the EmaraTax form, and print it. Enter the figures in EmaraTax and submit.

Back on the return, click Mark as Filed, check Filed on, type the FTA reference and keep Lock the period for VAT ticked.

What Gigoo does for you

When a VAT period ends, Gigoo prepares its draft return and gives Accounts a to-do with the due date.
Every invoice, bill and credit note of the period goes into its box, in the order of the EmaraTax form: 1a – 1g per emirate, then boxes 2 to 14.
The return shows the result: Nothing to pay, VAT payable or VAT refundable, with box 14 and the date it is due.
A return cannot be filed while a draft invoice or bill with VAT in the period still waits, so nothing is left out.

What you do

Accounts or the Owner opens the return, checks the boxes and prints it.
Your accountant enters the figures in EmaraTax. Gigoo does not file with the FTA for you.
Back in Gigoo, Mark as Filed with the FTA reference. Gigoo posts the VAT closing entry and locks VAT up to the end of the period.
If VAT is payable, Record VAT payment pays the FTA from your bank or cash.

What you get

Print titleVAT Return (VAT 201) · إقرار ضريبة القيمة المضافة (201)

Due28 days after the period end (by default)

After filingPeriod locked for VAT

A bill that comes in late

A filed return keeps the figures it was filed with. A document dated in a filed period keeps its own date on the print, and its VAT goes into the current return. Only Accounts or the Owner can post it.

Questions

Does Gigoo file the return with the FTA?

No. Gigoo prepares the figures in the VAT 201 boxes. Your accountant enters them in EmaraTax, then marks the return as filed in Gigoo.

What happens to a supplier bill that arrives after the return is filed?

The filed return does not change. The bill keeps its own date, and its VAT goes into the current return.

Who can work on the VAT return?

Only Accounts and the Owner.

Worked example: file a VAT 201 return and pay the FTA