It is important to confirm that the reporting frequency on Sage Accounting has been set up as prescribed by SARS to VAT Vendors, for example

• one return for every two calendar months, ending on the last day of January, March, May, July, September and November
• one return for every two calendar months, ending on the last day of February, April, June, August, October and December
• one return for each calendar month
• one return for every six calendar months, ending on the last day of February and August
• submit one return for every twelve months, ending on the last day of the vendor’s year of assessment

Note: During the electronic submission process (only available for Sage Accounting - Accountant Edition users), SARS will not make a new submission available if the accounting system differs from their prescribed frequencies.

Once you’ve verified this information with SARS/on SARS E-filing, confirm that you have created your VAT Periods in Sage Accounting in the exact same fashion.

To verify this information, follow these simple steps:

Click on Reports > VAT:

• Verify the VAT Period End Date, VAT Submission Due and the VAT Reporting Frequency.
• If this information has been incorrectly defined, please do contact your Accountant before making changes. All of your VAT Returns will be removed and will need to be set up again and your values for each return may differ to the actual returns you have submitted to your revenue authority.
• Click on Save.

Go Back to VAT 201 Wizard: Overview