V4G System Features

-Supports multiple operating systems and browsers.

- Bi-lingual (Arabic/English).

- Used on LAN or over the Internet.

- User friendly with a lot of help information and through reports.

- Import/Export of data from/to other systems or even integrates with.

- User and Role management.

- Audit trails for all user transactions.

- All "different" types of tax invoices (Default tax, simple, summarized, profit margin, assets, export/import,            pan-gulf....).

- Special treatments for nominal supplies and supplies within same VAT group.

- Stock management.

- Suppliers/Clients management.

- Cross-border transactions "import/export" & reverse charge mechanism.

- Special Fixed Asset's treatment.

- Detailed tax returns filing.

- Automatically handles tax adjustments, proportional deduction of input tax without user intervention and allow manual adjustments as well.

- Accrual accounting system / Cash accounting support.

- Supports multi-currencies.

- Easy to use, new visualized chart of accounts.

- Fully compatible with International Financial Reporting Standards IFRSs.

- Financial statements and accounting reports (partially available in version 1.4).

- Branch management in multi-branch companies (not active in version 1.4).

- System automatically updated (when connected to Internet) to ensure compliance with ever-changing tax legislations (updates on legislations already started in first month of implementation in some countries).

- Different accessible technical support resources and tools including remote log-in when needed.

- Free basic support (including all system updates) during license validity.

- Warranty on the system during license validity.

- Different economic licensing plans, purchase and activation directly through the website.

- The company is a "Preferred Vendor" as recognized by GAZT (General Authority of Zakat and Tax in Saudi Arabia).