NBR Enlisted VAT Software for Automated Returns, Compliance & Reporting – GPAC VAT
Manage VAT Returns, NBR Compliance & Documents Easily with GPAC’s Integrated ERP Module
Simplify NBR-Compliant VAT Management with GPAC ERP
GPAC VAT Software is built to simplify VAT calculation, generate compliant VAT invoices, and streamline VAT return submission to the National Board of Revenue (NBR) in Bangladesh. The system helps businesses maintain accurate VAT records, automate invoice generation, and stay fully compliant with the latest NBR regulations under the VAT Act 2012.
Purchase Module – NBR-Compliant Features for VAT Management
The GPAC VAT-integrated Purchase Module helps businesses manage local and import purchases while complying with NBR VAT return requirements. It supports automated Mushak form generation, supplier profiling, and detailed reporting for better control and compliance.
Key Features:
- Supplier Registration: Store supplier information with contact, tax ID, and compliance status.
- Purchase Invoice Management: Record and manage local and import purchase invoices with VAT breakdowns.
- Purchase Register – Mushak 6.1: Automatically generate the official purchase register required by NBR.
- Purchase & Sales Register – Mushak 6.2.1: Maintain integrated records of purchase and sales transactions.
- Debit Note / Purchase Return – Mushak 6.8: Process return invoices with appropriate VAT adjustments.
- High-Value Invoice Reporting – Mushak 6.10: Submit purchase invoices exceeding BDT 2,00,000 as per NBR rules.
- Purchase Order Tracking: Maintain logs of all purchase orders with linked invoices and status updates.
- Purchase & Return Reports: Generate purchase and return register reports for tax audits and compliance.
Sales Module – Automated VAT Invoicing & NBR Reporting
GPAC ERP’s Sales Module is fully integrated with NBR VAT compliance features, enabling automated generation of Mushak forms and real-time tracking of customer transactions. From customer registration to invoice generation and return handling, the module ensures accuracy, transparency, and efficiency in every step of the sales process.
Key Features:
- Customer Registration: Store and manage detailed customer information including VAT ID and billing address.
- Sales Register – Mushak 6.2: Automatically generate sales transaction records as per NBR format.
- Integrated Sales & Purchase Register – Mushak 6.2.1: Maintain consolidated records of both purchase and sales activities.
- Sales Invoice – Mushak 6.3: Issue local and export VAT invoices with proper tax codes and product classification.
- Sales Return/Credit Note – Mushak 6.7: Process returns with system-generated credit notes and VAT adjustments.
- High-Value Invoice – Mushak 6.10: Report sales invoices above BDT 2,00,000 as required by NBR.
- Sales Order Management: Create, approve, and track sales orders with full customer visibility.
- Sales & Return Register Reports: Generate detailed reports for compliance and audit readiness.
- Accounts Receivable Tracking: Monitor customer payments, outstanding dues, and aging reports in real-time.
VAT Report & Mushak Forms – Compliant with NBR Standards
GPAC ERP supports a wide range of NBR-approved VAT reports and Mushak forms, ensuring end-to-end compliance for businesses in Bangladesh. These reports are auto-generated, easy to export, and ready for submission to the National Board of Revenue (NBR).
Supported Mushak Reports:
- Mushak 4.3: Input-Output Coefficient Declaration
- Mushak 6.1: Purchase Register
- Mushak 6.2: Sales Register
- Mushak 6.2.1: Combined Purchase-Sales Account (for Traders)
- Mushak 6.3: VAT Challan for Local and Export Sales
- Mushak 6.3 (Service): VAT Invoice for Service Billing
- Mushak 6.5: Stock Transfer Between Branches
- Mushak 6.6: VAT Deduction at Source Certificate
- Mushak 6.7: Credit Note (Sales & Service Return)
- Mushak 6.8: Debit Note (Purchase & Service Return)
- Mushak 6.10: High-Value Invoice Report (Over BDT 2,00,000)
- Mushak 9.1: Monthly VAT Return Submission
Stock Module – Integrated Inventory Management with VAT Compliance
The GPAC ERP Stock Module offers complete inventory control, integrated with VAT-compliant features like HS code classification, Mushak 4.3 declaration, and Mushak 6.5 stock transfer reporting. Businesses can monitor stock levels in real time, track movement by batch, and optimize warehouse operations.
Key Features:
- Item Creation with HS Code: Add and classify inventory items with harmonized system (HS) codes for NBR compliance.
- Batch Configuration: Track products by batch for expiry, traceability, and movement control.
- Input-Output Coefficient – Mushak 4.3: Define production formulas and BOM for VAT reporting.
- Stock Transfer – Mushak 6.5: Record branch-to-branch or location-wise stock movement.
- Item Ledger: Maintain detailed item-wise transaction history for inventory audit and control.
- Stock Summary: View real-time stock positions with quantity and value analysis.
- Location-Wise Stock Report: Monitor stock availability by warehouse or branch.
- Stock Movement Analysis: Track inflow and outflow trends to manage demand and supply efficiently.
- Slow & Fast Moving Items: Identify underperforming and high-demand items with actionable insights.
- Re-order & Minimum Levels: Configure alerts to avoid stockouts or overstocking.
- Out-of-Stock Alerts: Monitor stock shortages for timely restocking decisions.
- Store Ledger: Track goods issue, receipt, and closing balances by store location.
- Batch Report: Generate reports by batch ID for traceability and compliance.