VAT Inclusive & VAT Exclusive | Calculation Examples

  Рет қаралды 132,395

Counttuts

Counttuts

Күн бұрын

In this lesson, we explain what VAT is, and explain VAT inclusive and VAT exclusive amounts. We go through VAT calculation examples where we calculate VAT inclusive, VAT, and VAT exclusive using a formula.
Input VAT vs Output VAT | Explained: • Input VAT vs Output VA...
Simple Formula for Calculating Percentages | Want over Have Formula: • Simple Formula for Cal...
Markup vs Margin Explained: • Markup vs Margin | Exp...
Check out other straight-forward examples on our channel.
We also offer one-on-one tutorials at reasonable rates.
Connect with us:
Email: info@counttuts.com
Our Website: Counttuts.com
Our Facebook Page: / counttuts
Support our Efforts: / counttuts

Пікірлер: 63
@Cindy_africangoddess
@Cindy_africangoddess 2 жыл бұрын
I'm writing my maths literacy paper 1 final exam tomorrow and I must say ,I was still confused until I watched this ,it was very helpful indeed ,thank you so much
@Counttuts
@Counttuts 2 жыл бұрын
Glad it helped!
@petruspetrus5626
@petruspetrus5626 2 жыл бұрын
Never thought I could learn accounting so quickly and understand it because I was based in a science stream for passed 6 years. Thank you so much
@yolisamrso9827
@yolisamrso9827 3 ай бұрын
You have grace to explain things clearly and accurately
@piwwiey_berries1163
@piwwiey_berries1163 2 жыл бұрын
The best summary for the calculation of VAT inclusive and VAT exclusive 👏👏👏
@augustinadawodu9259
@augustinadawodu9259 2 жыл бұрын
Thank you so much for this detailed and simple tutorial. You made VAT Calculations easier for me. I often get confused but no more.
@Jad3ss
@Jad3ss 3 жыл бұрын
You make accounting so easy!! Thank you so much 😁
@Siya_MJ
@Siya_MJ 3 жыл бұрын
I know VAT but I always confuse the inclusive and exclusive formulas, but your formula is so much easy... Thanks
@barimakwameawonu-dankwa6219
@barimakwameawonu-dankwa6219 Жыл бұрын
Thank you. It's very understandable
@torahmoc2774
@torahmoc2774 3 жыл бұрын
U make Accounting so much easy to understand..
@yolandandabeni531
@yolandandabeni531 2 жыл бұрын
Thank you 🙏🏾…this channel has helped me through my N4 Financial Accounting. Am super grateful for your help.
@madhavdesai5397
@madhavdesai5397 Жыл бұрын
Thanks a lot, your video helped me to fix formula in my code for different Invoice calculations was very confusing until I see your video, very well explained & presented for any type of calculation required for VAT related calculations 👍
@abigailharicombe9932
@abigailharicombe9932 Жыл бұрын
Brilliant!!! Thank you so much for that perfect explanation.
@sandiso.extraincome2024
@sandiso.extraincome2024 3 жыл бұрын
This helped me so much, Thank you !
@DreamFirms
@DreamFirms 3 жыл бұрын
Another great content from your channel!
@nthabelengoliphant
@nthabelengoliphant 4 ай бұрын
You're the best❤💯
@feefeemofokeng3599
@feefeemofokeng3599 2 жыл бұрын
I've never done accounting in my life yet, you maketh it sound like A, B,C. :-) Thank you, thank you, Thank you.
@breed8246
@breed8246 3 жыл бұрын
You always and effortlessly add more clarity
@SamkelisiweMqadi
@SamkelisiweMqadi Ай бұрын
Thank you so much for your help tomorrow I'm writing my p1 it helps
@clarancechauke5093
@clarancechauke5093 Ай бұрын
just found your vids now and am writing today
@kgaugelomakgakga9423
@kgaugelomakgakga9423 2 жыл бұрын
That formula makes things so easy,thank you
@fortunatemuungani39
@fortunatemuungani39 2 жыл бұрын
U have gained a follower👏👏
@siveNongogo-sd5hn
@siveNongogo-sd5hn 2 ай бұрын
Thank you very much ❤
@ayeshamansoor7295
@ayeshamansoor7295 2 жыл бұрын
Thank you so much for the explanation
@zamahkhoza5343
@zamahkhoza5343 Ай бұрын
Just subscribed .. thank you so much it was of great help.. took me 5 months to understand this IMAGINE 😅
@ingridbezuidenhout4001
@ingridbezuidenhout4001 Жыл бұрын
Very good and simplified explanation👌
@kimberlyjongwe5282
@kimberlyjongwe5282 Жыл бұрын
Thank you so much, this is so helpful🙏🏿💚.
@thegreatestegg8045
@thegreatestegg8045 2 жыл бұрын
Yo thanks so much for this video , it really helped
@londekadlamini1609
@londekadlamini1609 2 ай бұрын
thank you so much oh my goodness ❤😊
@rufaromatongo947
@rufaromatongo947 2 жыл бұрын
Wonderful fomula thanks for sharing
@bleebzeezy
@bleebzeezy Жыл бұрын
THANK YOU SO MUCH 😭
@laceyfelix9310
@laceyfelix9310 Жыл бұрын
Thanks Caleb👍
@samarahschaekaba7878
@samarahschaekaba7878 2 жыл бұрын
So helpful.
@kholekandzube1368
@kholekandzube1368 Жыл бұрын
Thank you for your good explanantion ❤
@NalediMinor-xq1wl
@NalediMinor-xq1wl 5 ай бұрын
Thank you
@christianhoizer7380
@christianhoizer7380 5 ай бұрын
Thank you so much 😂😂😂😂😂😂
@thotloetsomankita9329
@thotloetsomankita9329 Жыл бұрын
Thank you Sir❤️❤️
@mdlitan9371
@mdlitan9371 Жыл бұрын
Thanks for video
@NokwaziGumede-ii8bq
@NokwaziGumede-ii8bq 5 ай бұрын
Thank youu so much 💓 🎉
@AsindisiweMatsolo
@AsindisiweMatsolo 10 ай бұрын
Ohh darm, this helped me a lot. I'm so great full thank you so much❤❤❤😂
@5thgalaxytv734
@5thgalaxytv734 2 жыл бұрын
There is another part of the Accounting to the question where you must indicate with a cross x if the amount to the SARS increased or decreased.How do you determine this?
@nickyahuka6528
@nickyahuka6528 2 жыл бұрын
I do thank you ❤
@lavminky
@lavminky Жыл бұрын
Im so lucky I found uu I'm writing my nsc 2day
@MbaliMoreku-xl2rg
@MbaliMoreku-xl2rg 9 ай бұрын
Thanks ♥️
@miya-saint
@miya-saint 2 жыл бұрын
It's very helpful...but can't you make a video of VAT question and answers like example :revision paper based on VAT and so on...
@tshimollomotsepe8678
@tshimollomotsepe8678 Жыл бұрын
I should have thought of Ur videos at the beginning of the semester,2 now my test went really but it's ok 🥺🥺I will do my best since I have been watching Ur videos past few days very straight forward 📚❤️🎓🥺 and easy to understand I'm ready to ace examination paper 😭😭😭😭 thank so much 😘🥺🫂😭
@chhantyalfam811
@chhantyalfam811 2 жыл бұрын
Hello can you do gross margin calculation problems?
@yolisamrso9827
@yolisamrso9827 3 ай бұрын
I have never been so clear
@aphiwelento
@aphiwelento Жыл бұрын
.it all sinked in 😂❤
@muhammadakbar9049
@muhammadakbar9049 5 ай бұрын
Hi. We are newly registered to UAE vat. Can we take input of vat paid against imports of goods in 2022 in our 1st vat return?
@keturahmasilela4197
@keturahmasilela4197 2 жыл бұрын
At vat inclusive which one is the actual formula 115/100 or 115/15
@andilemlalazi1176
@andilemlalazi1176 2 ай бұрын
15/115
@tshiamoleon4392
@tshiamoleon4392 Жыл бұрын
❤️
@thatomofolo452
@thatomofolo452 6 ай бұрын
Back to school back to reality 🏃🏃‍♀️🏃‍♂️
@wags6069
@wags6069 Жыл бұрын
Thanks for your help
@evelynoabile3824
@evelynoabile3824 Жыл бұрын
Did u say there is way I can recover my 10000
@BaroEnglishwithSoomaali123
@BaroEnglishwithSoomaali123 2 жыл бұрын
I think there is an error in 1000*115/100=1150 SEE ABOVE THE TAX AMOUNT IS MORE THAN THE SALES AMOUNT The correct is 1000*15/115=130.5
@Counttuts
@Counttuts 2 жыл бұрын
That is not correct, you may need to rewatch the lesson to understand the calculation.
@BaroEnglishwithSoomaali123
@BaroEnglishwithSoomaali123 2 жыл бұрын
@@Counttuts why VAT inclusive ans. is 1150
@Leo-Gaming360
@Leo-Gaming360 2 жыл бұрын
f
@SonwabisekhayaNdonga
@SonwabisekhayaNdonga 3 ай бұрын
you deserve to be an award because WOW ! 🫢❤️❤️
@nomattermakaza8188
@nomattermakaza8188 3 ай бұрын
This guy is goated ❤️
@precioussebastine1889
@precioussebastine1889 8 ай бұрын
Thank you
Departmental Income Statement | Explained with Complete Example
29:45
Input VAT vs Output VAT | Explained
7:46
Counttuts
Рет қаралды 85 М.
Самый Молодой Актёр Без Оскара 😂
00:13
Глеб Рандалайнен
Рет қаралды 11 МЛН
Alex hid in the closet #shorts
00:14
Mihdens
Рет қаралды 13 МЛН
Exclusive and inclusive VAT
4:39
Diane WOODROFFE
Рет қаралды 287 М.
Calculate VAT figures
7:41
Diane Woodroffe
Рет қаралды 174 М.
5 Things Successful People Do Before 8AM [FULL MESSAGE] | Terri Savelle Foy
30:05
Input and Output Vat
8:32
Diane WOODROFFE
Рет қаралды 114 М.
Accounting Equation with VAT | Explained with Examples
30:34
Counttuts
Рет қаралды 42 М.
Small caps could rise more than 15% in August, says Fundstrat's Tom Lee
6:25
VAT - Calculations
16:56
Teacher Paine SA
Рет қаралды 113 М.
VAT inclusive vs VAT exclusive
6:59
The Finance Storyteller
Рет қаралды 10 М.
Самый Молодой Актёр Без Оскара 😂
00:13
Глеб Рандалайнен
Рет қаралды 11 МЛН