Global to Nigeria Edition Migration Tool
Zoho Books has various editions customised for different countries to ensure accurate tax handling. If your business is based in Nigeria, and you’ve been using the Global edition, you can migrate to the Nigeria edition. This allows you to manage transactions in accordance with Nigeria’s VAT regulations.
Why Switch to Nigeria Edition?
- VAT rates will be auto-populated based on the VAT rules applicable for Nigeria edition.
- You can generate and mark your VAT return as filed within Zoho Books and access the report to track VAT payments, penalties, and corrections for any missed sales transactions.
- You can enable Tax Automation in your organisation to automatically apply the right VAT rates for your transactions.
Migrate to Nigeria Edition
The migration tool can be accessed only if:
- Your Zoho Books organisation belongs to the Global edition, and in the Organisation Profile page, the Organisation Location is Nigeria, and the Base Currency is NGN.
- TDS is disabled in your organisation.
- If you’ve integrated with Zoho Expense, the Reimbursement Currency feature in Zoho Expense must be disabled.
- If you’ve integrated your organisation with Zoho Inventory, the POS Integration in Zoho Inventory must be disabled.
You can now access the edition migration tool. Here’s how:
Click Migrate to Nigeria Edition on the left sidebar.
In the Prerequisites section, the list of unsupported preferences and integrations will be displayed. You must disable them to proceed with the migration.
To disable the integrations:
- Click Proceed to Disable next to the unsupported integration. You’ll be redirected to the respective integration page.
- Click Disable Integration.
The integrations will be disabled.
Similarly, to disable the unsupported preferences:
- Click Proceed to Disable next to the unsupported preferences.
- In the pop-up that appears, the list of unsupported preferences will be displayed.
- Click Disable.
The preferences will be disabled.
Select the required Tax Preferences for Migration:
Once you’ve configured all the preferences, click Proceed.
In the confirmation pop-up, click Proceed again.
Migrate Including Tax
If your business is VAT-registered, you must provide the VAT details and map the existing VAT rates to the Standard VAT rates and Zero rate in the Nigeria edition.
If you’ve selected the tax preference as Migrate Including Tax, you’ll be redirected to the Configure VAT for Nigeria Edition page. Provide the following details:
- VAT Registration Number Label: Enter a label for your VAT registration number as it should appear on invoices, for example, TIN.
- VAT Registration Number: Enter the VAT registration number issued to your business by NRS (Nigeria Revenue Service).
- Enable trade with contacts outside Nigeria: Check this option to manage transactions with customers or vendors outside Nigeria.
- Provide the date on which you had registered VAT for your organisation.
- Provide the date in which you want to generate your first VAT return.
- Click Next.
- In the Map Tax Rates page, map the existing tax rates with the corresponding VAT rates.
- Click Save.
Migrate Excluding Tax
If your business is non-VAT registered, and you have tax rates enabled in your organisation, you must mark them as inactive and proceed with the migration. Once you migrate to the Nigeria edition, you can either apply the new VAT rates manually, or apply them automatically using Tax Automation.
If you’ve selected Migrate Excluding Tax as your tax preference, your organisation will be directly migrated to the Nigeria edition.
You’ve now migrated your Zoho Books organisation from the Global edition to the Nigeria edition. You can now create and manage transactions as per Nigeria’s VAT regulations.
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