How to Use the Tax Report in Prokip

Overview

The Tax Report in Prokip provides a summary of all tax activity within a selected date range. It helps businesses track:

This report is essential for tax filing, reconciliation, and financial review.

Where to Access the Tax Report

Navigate to:

Reports → Expense & Accounts → Tax Reports

Date Range Selection – At the top of the report, select your preferred date range:

Example: 01/01/2025 – 12/31/2025

The report will automatically calculate tax data within the selected period.

Overall Calculation Formula

The system calculates:

Overall (Sell – Sell Return) – (Purchase – Purchase Return) 

This shows your net tax position.

Report Sections Explained

Within the Tax Report, there is a dropdown that allows you to switch between:

Input Tax –  Displays taxes paid on purchases from suppliers.

Output Tax – Displays taxes collected from sales to customers.

Expense Tax – Displays taxes applied to business expenses.

Each option filters the table to show only transactions related to that tax type.

Report Table Explanation

Depending on the dropdown selection (Input, Output, or Expense Tax), the table displays transaction details.

Table Columns

Column Description
Date Transaction date
Reference No Transaction reference number
Supplier / Customer Related party
Tax Number Registered tax number
Total Amount Transaction amount
Payment Method Method used
Discount Any discount applied
Tax (Name of tax added) Tax amount calculated
Tax Group (if applicable) Combined tax amount

 Note:
The tax columns reflect the actual tax names you created under Products/Services → Tax Rates.
For example:

The table dynamically adjusts based on the taxes configured in your system.

Output Tax (From Sales)

The overall calculation includes:

This contributes to the Overall calculation.

Totals Section

At the bottom of the report, Prokip displays totals per tax type:

These correspond to the Total of your individual taxes i.e;

This breakdown helps you see how much was collected per tax type.

Search & Filter Features

The report includes:

How to Interpret the Tax Report

If Overall is Positive: You collected more tax from sales than you paid on purchases.

If Overall is Negative: You paid more tax on purchases than you collected from sales.

When to Use the Tax Report

Use this report for:

 Note: