Tax-ready, stress-free

đź§ľ GST, VAT & Withholding Tax | Octal Accounts

Automate GST, VAT, and Withholding Tax with complete accuracy.

Handle regional tax laws with confidence—Octal calculates, applies, and records taxes across transactions and reports without manual effort.

Calculation

Tax Configuration, Calculation & Integration

Octal Accounts allows you to configure multiple tax types like GST, VAT, and Withholding Tax based on your country or business rules. With full integration across purchases, sales, and returns, tax is auto-applied with the correct rates—no matter the transaction type.

Key Tax Features:

  • Configure GST, VAT & WHT rules per region
  • Automatic tax calculations on all transactions
  • Tax-inclusive & exclusive invoice support
  • Apply taxes by item, service, or supplier/customer
  • Smart tax group setup for combined rates

Whether you operate in one country or multiple, the system adapts to your specific tax structure. From applying reverse charges to adjusting for exemptions or zero-rated goods, every detail is handled with precision. You spend less time checking numbers and more time growing your business.

Reports

Tax Reports, Filings & Withholding Records

Tax filing is no longer a headache. Octal Accounts generates comprehensive tax reports and summaries, ready for submission to local authorities. With dedicated reports for GST, VAT, and Withholding Tax, you stay audit-ready year-round.

Reporting Highlights:

  • GST/VAT summaries, purchase & sales registers
  • WHT deduction statements & payment ledgers
  • Input & output tax reconciliation reports
  • Tax return preparation & export
  • Tax audit logs with date/time/user stamps

Each report is designed to match standard filing formats, making it easier to export or submit data without manual rework. Withholding tax is fully supported—deductions are tracked per supplier or invoice, and paid amounts are clearly logged. You’re always in control, compliant, and prepared for audits.