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In this video we explain both the Creditable and the transferred VAT: the VAT to be credited and the VAT to be transferred. We also explain the difference between the VAT in favor and the Creditable VAT and the VAT payable and the Transferred VAT. In general, this VAT (Value Added Tax) is handled in purchases, expenses and sales and is recommended for those people who find it difficult to deal with the Value Added Tax. #VAT Do you have questions? Leave us your comment. Subscribe to our channel: http://www.youtube.com/c/contadorcont... Visit our page: https://contadorcontado.com/ Follow us on Facebook: /cuentacontado