Learn how to compute 12% VAT in 3 minutes. Gross, Net, Inclusive, Exclusive.

Learn how to compute 12% VAT in 3 minutes. Gross, Net, Inclusive, Exclusive.

Accounting Tips PH

3 года назад

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@lujille381
@lujille381 - 21.11.2023 13:37

Thank you for explaining, Ask lang po if saan nakuha ung 112% sa computation ng GROSS of VAT?

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@colaiy1756
@colaiy1756 - 04.10.2023 09:03

nonvat ang company, itong client dahil vat siya gusto niya ang official receipt na iisyu is vat din, paano ba gagawin? please help

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@leusmaximusx
@leusmaximusx - 27.09.2023 08:08

Why or in what instance is the SALE becomes a VAT exclusive,
because a seller will sell the product with the VAT collected from the buyer , & shown in the receipt as included in the transaction.

so the formula for output VAT should same with Purchase VAT, for regular sales transaction with receipt/ invoice
in the given example, for normal sales :
OutVAT = 540,000 *12/112 = 57,857.14

Net Payable = 57,857.14 - 24,000 = 33,857.14

agree ?


thanks for the reply

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@marlonreyes9934
@marlonreyes9934 - 15.06.2023 08:38

napahanap aki ng wala sa oras buti nalang madaling intindihin tong review niyo po hehe thanks po..

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@herezesteban2017
@herezesteban2017 - 14.06.2023 06:35

Salamat sir. malaking tulong sa katulad kong nagsisimula pa lang sa business
Paano kita ma-contact sir

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@michellejuego4932
@michellejuego4932 - 01.06.2023 04:35

salamat po sa dinami dami ng sinearch ko kung pano makuha ang VAT sa inyo lang po ang tumama

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@KatrinaSantos-cl2gm
@KatrinaSantos-cl2gm - 31.05.2023 10:44

👏

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@Rod-bp8ow
@Rod-bp8ow - 27.02.2023 20:13

The categorization/classification of Taxes was definite, inclusive of the way respective taxes was sorted accordingly, NEX GIN classifications, Exempt and Inclusive of VAT types accordingly.

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@EatToBite
@EatToBite - 04.02.2023 05:23

next vid on computing zerorated at vat ex

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@vannesacolumna4173
@vannesacolumna4173 - 23.01.2023 18:25

Sir bakit po 24000 yung input vat

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@JoTV36.
@JoTV36. - 17.12.2022 02:46

How to do bank reconciliation?

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@moshimosh1467
@moshimosh1467 - 10.11.2022 19:45

thank you for summarizing an hour lecture that I cant even understand into a 3 minute helpful video. this is my ticket to pass my exam hahahahahahahahha

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@tiktoklyrics1695
@tiktoklyrics1695 - 16.09.2022 03:45

Sa lahat ng napanuod ko, dito ako nadalian. Thank you so much po 💖💖💖

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@jahann9720
@jahann9720 - 19.06.2022 04:04

thank you aaaaa

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@danimari8478
@danimari8478 - 03.06.2022 20:23

omg thank you po! <3

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@marieanderson1100
@marieanderson1100 - 18.05.2022 10:08

Sir pa help nman po,paano ko i add ang vat and SC sa menu

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@dwaynewade8588
@dwaynewade8588 - 27.04.2022 11:39

Pano po mag compute ng 2% vat?

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@angeldemonisefajardo9742
@angeldemonisefajardo9742 - 21.04.2022 06:51

Is the computation of Input Vat the same as the computation with creditable input vat?

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@Tonton-ir5je
@Tonton-ir5je - 14.03.2022 04:03

The receipt of the mobile phone charger shows that you just bought if for Php 2,100.00 The receipt shows that the total amount is broken down between the selling price of the charger which is Php 2,050.00 and the value added tax which is Php 50.00 If the amount of VALUE ADDED TAX CORRECT?

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@brianpaulogonzales7496
@brianpaulogonzales7496 - 09.03.2022 08:23

Hello! Ask ko lang po if sales or purchases po ba yung "Goods taken by stockholder's wife from the company" Thank you po sa pagsagot!

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@charmversal8001
@charmversal8001 - 20.02.2022 04:12

Pwede po bang malaman magkano kaya ang possible payment sa bir kapag 30K yung vat payable?

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@laylasmith8460
@laylasmith8460 - 11.02.2022 14:09

Thank you po sa explain. Ask ko lang din po ba na ang input at output vat at inclusive or gross of vat?

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@Love-kl2rs
@Love-kl2rs - 04.02.2022 23:51

Pwede po magtanong, ano po ang tawag doon sa 112%? Saan po yon nakuha? Thank you

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@chocristalyng.5120
@chocristalyng.5120 - 09.10.2021 09:03

Hi po, may tanong po ako. May napanood po akong other video, yong gamit po nila sa purchases(input vat) is yong net of vat × 12%, and sa sales is gross of vat × 12%÷ 112%. Bakit po sa inyo baligtad?? Ano po yong totoo talaga?? Naguluhan po kasi ako😭😭

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@jimmybuster542
@jimmybuster542 - 05.10.2021 12:16

Hindi siya boring kasi sa music mo nakaka smart po. Nakakagana ung background music.

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@t42y74
@t42y74 - 01.10.2021 16:54

Gets sir thanks po

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@madelapales9595
@madelapales9595 - 12.07.2021 19:05

I have a question regarding the entry of Vat.. can u help me?☺️


Land rental 95,000
Vat12%
Expanded tax 5%

My Answer

Land rental 95,000 dr
Output tax 11,400 dr
Expnded tax 4,750 cr
Cash in bank 101,650 cr

Imy answer is correct or not?? Thank you

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@donnamariedeleon1438
@donnamariedeleon1438 - 12.07.2021 11:08

Saan nakuha ang 112%??

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@marvefaithsalonzo8425
@marvefaithsalonzo8425 - 03.07.2021 02:01

Hi sir, tanong lang po, example po is VAT reg. ang company po namin, tapos halimbawa po ang TOTAL SALES sa 1 month po is 553,000 po tapos ang TOTAL expenses naman po is mga nasa 500,000, tapos ang naka VAT receipts lang is 200,000 po, paano po yun ang pag compute po? Naguguluhan lang po,. Thank you.

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@noone-ok4ll
@noone-ok4ll - 09.06.2021 12:15

Bukas na po preboard wala akong Pinag aralan haha salamat po

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@regu1944
@regu1944 - 13.05.2021 17:08

hi ask ko lang po ano yung 112%?

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@allantoledo5857
@allantoledo5857 - 11.05.2021 17:35

So helpful . Thank you

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@rheyjustinetauto-an1424
@rheyjustinetauto-an1424 - 04.05.2021 06:01

Thank u so mucccccch

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@jazzy8554
@jazzy8554 - 28.04.2021 13:00

Helpful! may i know also if the problem is silent.. total invoice amount lang ang sinabe, is its assume vat inclusive or total invoice amount is like exclusive? Thank you so much! ❤️🙌

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@neko_9581
@neko_9581 - 24.04.2021 09:41

IISA LANG PO BA ANG NET AT NET OF VAT? PASAGOT PO PLS

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@magbooalexandrav.90
@magbooalexandrav.90 - 18.04.2021 04:10

Pede ba sir yung sa output and input same silang vat inclusive? So pag ganon (Gross of Vat) x 12% ÷ 112% ang formula na gagamitin?

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@magbooalexandrav.90
@magbooalexandrav.90 - 18.04.2021 04:07

May video po kayo about sa excise tax?

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@anonymoushuehuecanauhtlus6240
@anonymoushuehuecanauhtlus6240 - 15.04.2021 17:55

Thank you! I can finally rest HAHAHAHA

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@cleverallan
@cleverallan - 07.04.2021 12:21

Buti nalang PT ako...Hehehe....Hated Math to the Infinity Degree!!!

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@angelicaadriano145
@angelicaadriano145 - 03.04.2021 13:15

From food manufacturing po kami, sa ngayon non vat registered po kami. But mag va vat na po kami. Kaya lang yung sa purchases namin is karaniwan wala pong receipt dahil agriculture like yung karne at taba ng Baboy maski po yung mga bawang pang Longganisa paano po kaya yun

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@BossJakeTV
@BossJakeTV - 29.03.2021 04:17

Sir, pwede ka makagawa ng video about withholding tax? :D

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@moktarmesbahi6723
@moktarmesbahi6723 - 17.03.2021 16:45

Hey Sir!
I like your videos. Even though you speak Filipino language in 'em but that's okay. ^_^
I just want to ask you, why you multiplied the amounts of the input and the output by 12 and then you divided them by 112 instead of 100? Why the 112 instead of 100?

thanks.

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@mignonebeniasanseg-id4435
@mignonebeniasanseg-id4435 - 10.03.2021 06:00

So helpful ❤️❤️❤️

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@andraebaluyut8482
@andraebaluyut8482 - 15.02.2021 05:13

Salamat ♥️ Almost second sem ako nag aaral wala akong maintindihan pero sa 3 minutes lang na gets ko lahat 🤣

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@aliuoladejo7242
@aliuoladejo7242 - 26.01.2021 06:58

What happened to your English

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@ojoailahmhae8411
@ojoailahmhae8411 - 18.01.2021 17:47

thanks po! ❤️

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@pecaocoallyza5563
@pecaocoallyza5563 - 16.01.2021 15:17

Thank you po💓

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@choco_nchipz9212
@choco_nchipz9212 - 19.12.2020 02:22

Literally watching this just to ensure I know how to compute vat in my exam today😹❤

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