VAT Rates & Treatments

How to set default VAT rate & treatments
Whenever you create a new invoice or bill, and the VAT rate and VAT treatment are not set in the Customer's & Supplier's settings you can set ...
Sun, 23 Sep, 2018 at 12:28 PM
How to account for Reverse Charge and Acquisition Tax
You must inform HMRC when importing supplies into the UK as there are rules to pay import VAT depending on the VAT treatment of the taxable supplies. As...
Fri, 2 Nov, 2018 at 2:15 PM
Declaring VAT on Payments
Cash accounting If you create an unallocated receipt or payment, you can declare a VAT amount upon running a VAT return. Head to the ReportsĀ > AllĀ &g...
Mon, 1 Jul, 2019 at 11:03 AM