1. VAT Summary – Include Out of Scope VAT Codes When printing the VAT Summary report within the Sales/Purchase Ledger the report excludes any VAT codes flagged as ‘Out of Scope’ of UK VAT reporting.  A new option, available immediately on update, allows for these VAT Codes to be i... Read More
2. VAT Form 100 - Online Submission Payroll users will be familiar with the process where each payroll run an online Full Payment Submission (FPS) is processed to the HMRC. For VAT, however, users have typically recorded the details online via the HMRC website – in Datafile 2018 a si... Read More
3. VAT Adjustments - VAT on Imported Goods VAT on Imported Goods When goods are purchased from a country outside the EU then import VAT may be applied. Typically, a separate invoice is supplied from the courier showing the amount of import duty and VAT due. Subject to the normal rules... Read More
4. Fuel Scale Charge Posting Fuel Scale Charge Posting If your company is registered for VAT, you can reclaim the VAT element of any expenditure on fuel provided by your company for use with company cars. This usage includes both private and business mileage. In return, HM R... Read More
5. VAT Adjustments - Post-Dated Purchase Invoices Post-Dated Purchase Invoices The Datafile Purchase Ledger allows posting to the current purchase ledger period and one future period. If you receive a purchase invoice for an earlier period that has now been closed, you can post that transaction... Read More
6. VAT Adjustments - Partial VAT Exemption Scheme Partial VAT Exemption Scheme (VAT Notice 706) A business is partially exempt if it makes, or intends to make, both taxable and exempt supplies and incurs tax on costs that relate to both.  If your business is partially exempt, then you may ... Read More
7. 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 ... Read More
8. VAT Reports Datafile Software VAT Reports This option gives a sub-menu of three reports analysing the transactions against the VAT code. VAT Summary This report lists the total goods amount, tax, and for the purchase ledger, the EC Acquisition tax for each ... Read More
9. VAT Form 100 - Cashbook Datafile Software VAT Form 100 - Cashbook This option allows the facility to print the details required for the quarterly (monthly) VAT Form 100 that all VAT traders in the UK must send to their VAT offices. The facility can also print an audit ... Read More
10. Sales Issues / Reservation Listing - Stock Control Datafile Software Sales Issues / Reservation Listing - Stock Control On the sub-menu ‘Transaction Reports’ this report lists the sales issues and stock reservations – types 1 and 6 – generated for the current period. Although aga... Read More