Forum Message

VAT

How to calculate VAT on general transactions?


Posted by Abdul Karim on Aug 1, 2013 6:20 PM BST

Hi Abdul,

Solar Accounts treats General Transactions as 'Out of Scope' of VAT. Instead, record a Money Received or Money Paid Out transaction with the appropriate VAT treatment.

Regards


Posted by Mark McLaren (Solar Accounts) on Aug 2, 2013 11:21 AM BST