Hi
We are currently having an HMRC VAT Compliance check, they are currently doing these checks electronically and have asked for many reports, one of the reports they have asked for is a Sales Accounts Receivable showing the following as minimum:-
Transaction Number
Transaction Date
Invoice reference Number
Nominal/Account Code
Customer Reference
Transaction Details
Net Amount
VAT Amount
Tax Code
VAT Period
They are looking for the same in a Purchase report
Can you let us know where we can get this or of if it is even possible, thanks
Regards
David
Hi David,
I don't think Solar Accounts has a report in the exact format you
describe. However, I think if you provide the following reports it will
include all the information HMRC are looking for:
1. Sales by Customer
2. Outstanding Invoices
3. Purchases by Supplier
4. Outstanding Purchase Invoices
5. VAT Period Detail
I hope that helps. Please let me know how you get on with the compliance
check.
