Hello,
I have just started your trial period and so far I am finding the software very good.
I have just one issue which I hope you can help me with - Corporation Tax.
I want to take the Corporation Tax out at the time my Invoice is recorded as paid (instead of just year end) so that I can see the total available credit. Just as the VAT is taken out as a seperate entity.
Is this possible?
Many thanks,
M.Liddle
Hello Mark,
You'll have to create another transaction (separate from the invoice). Simply create a General Transaction as described here:
http://www.solaraccounts.co.uk/help/how-to-record-an-annual-tax-liability.php
You may find it tedius to calculate your tax liability each time you record an invoice - in this case record the liability at the end of the month.
