Output Tax
Output Tax Report
The Output Tax Report provides a comprehensive summary of all the output tax (GST/VAT or other sales taxes) collected by the business from sales transactions over a selected period. This report helps businesses monitor tax liabilities owed to the government based on sales activities and ensures compliance with statutory filing requirements.
It details invoices issued, taxable amounts, tax percentages, and total tax collected, giving businesses full transparency on their sales tax obligations.
Purpose
-
Track total sales tax collected from customers.
-
Assist in preparing tax returns and filing GST/VAT reports.
-
Ensure compliance with government tax regulations.
-
Identify trends in sales and tax collection over time.
Key Features
-
Filter by date range, tax type, customer, or branch/location.
-
Shows taxable amount, tax rate, and tax collected for each transaction.
-
Supports multi-tax rates if applicable.
-
Exportable in Excel, PDF, or CSV formats for filing and records.
Sample Data Table
| Invoice No | Date | Customer Name | Taxable Amount | Tax Rate (%) | Tax Amount | Total Invoice Amount |
|---|---|---|---|---|---|---|
| INV-001 | 01-08-2025 | ABC Traders | 50,000.00 | 18 | 9,000.00 | 59,000.00 |
| INV-002 | 03-08-2025 | XYZ Enterprises | 30,000.00 | 12 | 3,600.00 | 33,600.00 |
| INV-003 | 05-08-2025 | Green Supplies | 25,000.00 | 18 | 4,500.00 | 29,500.00 |
| INV-004 | 08-08-2025 | Tech World Pvt Ltd | 75,000.00 | 5 | 3,750.00 | 78,750.00 |
| INV-005 | 10-08-2025 | Modern Furnishings | 60,000.00 | 18 | 10,800.00 | 70,800.00 |
Summary Section
-
Total Taxable Sales: ₹ 2,40,000.00
-
Total Output Tax Collected: ₹ 31,650.00
-
Total Sales (Including Tax): ₹ 2,71,650.00
Usage in ERP
- This report can be accessed from the Tax Reports or Finance module in the ERP.
- It can be generated periodically — daily, monthly, quarterly, or yearly — depending on the tax filing cycle.