Hi i have deregistered for VAT from the 1st January 2011. Can you advise me on what changes I need to make to my settings if any.
regards
Vaughan
Hi Vaughan,
Click menu Setup > Contact Details & VAT, then remove the tick next to 'Registered for VAT'.
Also, if you have already entered transactions dated after 1 January 2011, open each transaction window and set the VAT Treatment to 'Out of Scope'.
Cheers