Inventory is the Products and Services which your business deal with.
When you add an item into DEAR Systems, you can attribute the appropriate tax applicable to it. Whenever you create transactions for this item, the tax applicable on it will be auto-populated.
- Only available for organisations located within the UAE.
- Set up DEAR Systems VAT compliance (required).
To set it up navigate to Inventory → New → Product to create a new product or Inventory → Products to select a product that has already been created. Select the Sale Tax Rule applicable to the item.