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    VAT and reporting

    VAT records and the numbers behind them

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    Adigun Trading Ltd

    VAT report · Current period

    LineAmount
    Output VATon 38 invoices₦ 1,142,000.00
    Input VATon 61 payables₦ 486,500.00
    Net payableready to file₦ 655,500.00
    Synced to QuickBookslast nightComplete

    The problem

    Tax season means rebuilding the year from bank statements, and the numbers never quite agree.

    What you get

    • VAT report: VAT charged on each invoice in the period, exported as CSV
    • Your TIN, VAT number and VAT status kept on record
    • Revenue versus expenses over time, and a cash flow view
    • Invoice and payable status, including what is overdue
    • Dashboard covering revenue, expenses, approvals and claims
    • Two-way sync with QuickBooks Online and Zoho Books

    Works across everything else

    These are not separate products. They apply to vat and reporting the same way they apply to the rest of Billif.

    AI throughout

    Bills forwarded to your Billif mailbox are read by OCR and turned into payables. Receipts are categorised on capture. Ask AI answers questions from your own records, such as who owes you the most or what your cash flow looks like.

    Approvals

    Approval policies set the conditions and the levels of sign-off, by role. Approval requests are where those sit waiting, visible on the dashboard so nothing stalls quietly.

    Integrations

    Connect your accounting software and Billif syncs customers, items and invoices across, with a sync history you can check. Sage and Xero are on the way.

    Start with vat and reporting, add the rest when you need it