OWL Software is pleased to
introduce easy to use accounting and invoicing software that
has been specially tailored to meet the needs of users who
are required to track and report either Goods and Services
Taxes (GST) or Value Added Taxes (VAT).GST / VAT Accounting (GVA) is an easy-to-use program that
is designed to maintain complete and accurate accounting
of income and expenses with particular emphasis on tracking
GST or VAT taxes collected and paid.. GVA uses the "single
entry" bookkeeping method. This accounting method is
easy to use and is equally suited for small businesses and
individuals.
Using GVA, you can produce a variety of expense, income,
profit, general ledger and tax reports. You can define up
to 1000 different income and expense accounts to fully categorize
your income and expenses for tax purposes. Having your records
fully organized can save you time and money at tax time.
GVA employs the concept of folders where each folder contains
income and expense data that may be reported either separately
or in combination. Thus, GVA may be used for multiple businesses,
multiple divisions within a single business or for both
business and personal accounting.