gst-vat accounting (gva) is an easy-to-use program that is designed to maintain complete and accurate accounting of income and expenses for users in jurisdictions that impose a "goods and services tax" (gst) or "value added tax" (vat). a special feature of this program is the automatic computation of the gst or vat component of each income and expense entry. using gva, you can produce a variety of expense, income, profit, general ledger and tax reports. you can define up to 1000 different income and expense accounts to fully categorize your income and expenses for tax purposes. having your records fully organized can save you time and money at tax time. gva employs the concept of folders where each folder contains income and expense data that may be reported either separately or in combination. thus, gva may be used for multiple businesses, multiple divisions within a single business or for both business and personal accounting. gva is linked to owl’s gst / vat invoicing (gvi) program via an import option that transfers income data from gvi into gv accounting. gv invoicing provides complete tracking of sales, customers, inventory and receivables. the combination of gva and gvi provides a complete business management solution for many small businesses. gst / vat invoicing (gvi) is a complete sales management system that includes: invoicing, inventory management, automated billing, mailing list management, and sales tracking.