Restaurant
VAT Remittance to ISTD (Jordan)
Paying the net VAT liability to the Income & Sales Tax Department.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| VAT Payable to ISTD (Net) | Liability (-) | 1,200.00 | - |
| Cash / Bank | Asset (-) | - | 1,200.00 |
💡 Accountant's Note
This is the final step in the VAT cycle — transferring the net tax collected on behalf of the government to the ISTD by the filing deadline.
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