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Accounting Beginner

VAT & Sales Tax Fundamentals

Learn how VAT and US-style sales tax really work: net and gross, multi-rate invoices, the VAT return, journal entries, partial exemption and reverse charge, all in a live spreadsheet.

7 lessons 7 labs 1.4 h Certificate

  • One-time payment
  • 14-day money-back guarantee
  • Secure checkout with Stripe

What you'll build

What you will be able to do

Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.

  • Convert between net price, VAT and gross price for four items sold by Brightleaf Trading Ltd.
  • Total an invoice with standard, reduced, zero-rated and exempt lines and show the VAT per rate.
  • Prepare Brightleaf Trading's quarterly VAT return and decide whether it pays or gets a refund.
  • Build a combined sales tax rate from stacked local rates and charge tax only to customers who are not exempt.
  • Record sales and purchases with VAT in separate accounts and settle the VAT at the end of the period.
  • Split the input VAT of a language school into a deductible and a non-deductible part with a simple pro-rata.
  • Self-account VAT on a service bought from abroad and compare a fully taxable business with a partially exempt one.

About this course

Consumption taxes appear on almost every invoice, and small errors multiply quickly. This course builds a solid foundation using illustrative rates. You convert between net, gross and tax amounts in all three directions and total multi-rate invoices with conditional sums. Output tax and input tax combine into a periodic VAT return, and you contrast a US-style sales tax collected at the point of sale with a multi-stage VAT. Journal entries show how tax is booked. Further labs handle partial exemption and non-deductible input tax, then introduce reverse charge and the basics of cross-border supplies. For bookkeepers, small business owners and accounting students. Rules differ by country; the course teaches mechanics, not tax advice.

Curriculum

Course content

7 lessons · 7 labs · 1.4 h · final exam

  1. Net, Gross & VAT: The Three ConversionsLab10 min4 checked tasks
    Unlocked when you buy the course
  2. Multi-Rate Invoices with SUMIFLab12 min5 checked tasks
    Unlocked when you buy the course
  3. Output Tax, Input Tax & the VAT ReturnLab12 min4 checked tasks
    Unlocked when you buy the course
  4. US-Style Sales Tax vs VATLab12 min5 checked tasks
    Unlocked when you buy the course
  5. Booking VAT in the JournalLab14 min3 checked tasks
    Unlocked when you buy the course
  6. Partial Exemption & Non-Deductible Input TaxLab12 min4 checked tasks
    Unlocked when you buy the course
  7. Reverse Charge & Cross-Border BasicsLab12 min4 checked tasks
    Unlocked when you buy the course
  8. Final exam12 questions, 75% to pass, unlimited retries.

Certificate

Finish with a certificate you can verify

Complete every lesson and pass the final exam to receive a certificate of completion for this course, with a unique credential ID and a public verification page.

  • Names the course, your score and the date of issue
  • A verification link for your CV or LinkedIn profile
  • 12 questions, 75% to pass, unlimited retries.

A Tutorvo certificate confirms that you completed a course. It is not an official or professional qualification.

Illustration. Your certificate shows your own name, course and credential ID.

Before you buy

Questions about this course

Is this a subscription?

No. You pay $9.99 once for this course. There is no subscription and nothing renews automatically. Prices are in US dollars; taxes may be added where required.

What exactly do I get?

All lessons and labs of this course, the final exam and the certificate, including later updates to the course, for as long as Tutorvo offers it. Access is personal and tied to your account.

Can I get a refund?

Yes. If you are not satisfied, email hello@tutorvo.com within 14 days of buying and we refund the course in full via Stripe. The guarantee does not apply once a certificate for the course has been issued to you, or where there are signs of abuse.

When can I start?

Right after payment. Access starts immediately at your request; for consumers in the EU/EEA the statutory right of withdrawal therefore ends once access has begun, while our 14-day money-back guarantee applies regardless.

Do I need Excel or other software?

No. The labs run in a spreadsheet inside your browser on a laptop, tablet or phone. Function names and syntax follow Excel.

Is the certificate an official qualification?

No. It confirms that you completed all lessons of the course and passed its final exam. It is not an official, state-recognised or professional qualification. The name is taken from your profile when the certificate is issued.

Full details are in our Terms · hello@tutorvo.com

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