Per Returns

Vatable Sales Zero Rated Sales Total

March 74,281,521.00 241,429.90 74,522,950.90

April 42,972,358.40 671,169.00 43,643,527.40
May 36,271,772.10 73,478,954.44 109,750,726.54

June 45,748,694.18 424,748.70 46,173,442.88

July 33,415,134.29 309,237.71 33,724,372.00
August 36,299,278.49 700,037.06 36,999,315.55

September 27,190,168.57 434,749.61 27,624,918.18

October 30,571,764.77 474,804.17 31,046,568.94
November 23,319,414.03 2,643,259.84 25,962,673.87

December 46,982,121.29 739,255.86 47,721,377.15

January 76,571,881.60 424,366.29 76,996,247.89
February 32,794,791.41 2,180,093.24 34,974,884.65

Total 506,418,900.13 82,722,105.82 589,141,005.95

Collections 654,680,665.73

Difference (65,539,659.78)
-10.011%
**PER TB: Collections
Sale of goods:
Sales - Distri - Software (178,505,365.27)
Sales - Stocks (131,145,986.93)
Sales freight on Inv (2,852,703.19)
Sale of services:
Sales - Maintenance (159,749,178.46)
Service Revenue (13,061,051.08)
Sales to intercompany (127,602,563.89)
Accounts Receivables-trading goods, Beginning (227,783,757.22)
Accounts Receivables-trading goods, Ending 191,241,399.62
Trade Receivables-Intercompany, beginning (36,448,106.46)
Trade Receivables-Intercompany, ending 30,248,193.83
Deferred revenue, Beginning 3,482,834.12
Deferred revenue, Ending (2,504,380.80)

TOTAL (654,680,665.73)
 Amount Total Difference

PER BOOKS

**PER TB:
Sale of goods -
Sales - Distri - Software 178,505,365.27
Sales - Stocks 131,145,986.93
Sales freight on Inv 2,852,703.19

Sale of services
Sales - Maintenance 159,749,178.46
Service Revenue 13,061,051.08
Sales to intercompany 127,602,563.89 612,916,848.82 -

PER 1702Q
1st Quarter 227,380,358.46
2nd Quarter 105,657,104.05
3rd Quarter 114,656,392.90
4th Quarter 165,222,993.41 612,916,848.82 23,775,842.87

PER 2550Q
1st Quarter 227,917,204.84
2nd Quarter 116,897,130.43
3rd Quarter 84,634,160.99
4th Quarter 159,692,509.69 589,141,005.95

Accounts Receivables-trading goods, Beginning (227,783,757.22)

Accounts Receivables-trading goods, Ending 191,241,399.62
Trade Receivables-Intercompany, beginning (36,448,106.46)
Trade Receivables-Intercompany, ending 30,248,193.83
Deferred revenue, Beginning 3,482,834.12
Deferred revenue, Ending (2,504,380.80) (41,763,816.91)
65,539,659.78
10.693%
 Amount Total

PER BOOKS
Sale of goods
Sales - Distri - Software 178,505,365.27
Sales - Stocks 131,145,986.93
Sales freight on Inv 2,852,703.19
Sale of services
Sales - Maintenance 159,749,178.46
Service Revenue 13,061,051.08
Sales to intercompany 127,602,563.89
Deferred Revenue 2,504,380.80 615,421,229.62
VAT RATE 12%

Total VAT Payable for the year 73,850,547.55

Input VAT Claimed per Return

1st Quarter 4,642,645.18
2nd Quarter 3,878,768.57
3rd Quarter 3,571,741.58
4th Quarter (Dec.-Jan.) 3,054,720.06 15,147,875.39

VAT Cash Payments Per Return

1st Quarter 13,780,433.00
2nd Quarter 9,976,804.27
3rd Quarter 6,158,020.10
4th Quarter (Dec.-Jan.) 11,771,760.29
41,687,017.66

VAT Payable as of February 28, 2020, Per Audit 17,015,654.50

VAT Payable as of February 28, 2020, Per Books 24,967,502.52

DIFFERENCE (7,951,848.02)
-46.73%

GST/VAT Payable (88,102,070.27)

GST/VAT Deferred Tax (51,939,988.41)
GST/VAT Recoverable 48,077,350.51
Accrued Sales/VAT/GS 66,997,205.65

Total per books (24,967,502.52)