Deregistered for VAT

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

Posted by Vaughan Williams on Jan 5, 2011 11:58 AM GMT

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

Posted by Mark McLaren (Solar Accounts) on Jan 5, 2011 1:10 PM GMT