Home » Categories » Multiple Categories

VAT Form 100 - Group VAT Registration

Group VAT Registration

The Cashbook VAT Form 100 reports its entries based on Nominal Ledger transactions. In a multi company environment where companies share the same VAT registration number, these need to be consolidated to submit the VAT Form 100 via MTD.
Set Up
The Nominal Ledger ‘Update from Other Systems’ facility allows you to define an update as an ‘Update from Another Database’.  You can use this option to import nominal transactions from one company into another.

In addition to defining the Debit/Credit Accounts and Amount items, the following additional settings required so the VAT Form 100 report can be created:

1. Journal Source Code
In order to be included and analysed correctly within the VAT Form 100 the source on the Nominal Journal needs to one of the following:

S/L (Sales Ledger)
P/L (Purchase Ledger)
CBR (Cashbook Receipts)
CBP (Cashbook Payments)

Instead of entering a journal source as text, you should reference the data item number of the import file that contains the original journal source as per screenshot above.

2. Copy Items
The other key elements for building the VAT Form 100 are the Cash-Net, Cash-Tax and Tax Code data items on the nominal transaction file. Copy items should be set from the source DFD table to the company Nominal Ledger Transaction table to update these fields.

Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Amend Status Flags - Purchase Ledger
Viewed 622 times since Mon, Jul 2, 2012
Allocations (Purchase Ledger)
Viewed 687 times since Mon, Jul 2, 2012
Duplicate Purchase Ledger Reference Checks
Viewed 744 times since Fri, May 27, 2016
YEAR-END-DEL – Mark Account for Deletion at Year End
Viewed 287 times since Mon, Jul 2, 2012
PERIOD – Budget Input for Periods - Nominal
Viewed 172 times since Wed, Jun 27, 2012
Customer / Supplier Analysis
Viewed 659 times since Mon, Jul 2, 2012
Reconcile Bank Account - Cashbook
Viewed 922 times since Wed, Jun 27, 2012
Trial Balance - Cashbook
Viewed 702 times since Wed, Jun 27, 2012
Account Statements - Application User Facilities
Viewed 960 times since Mon, Jul 2, 2012
List of Accounts - Nominal
Viewed 503 times since Wed, Jun 27, 2012