Reclaiming VAT before registration (FRS)
Hi,
I'm on the VAT flatrate scheme and have seen previous posts on here about reclaiming VAT before registration on the FRS, but as far as I can see this still hasn't been implemented. Do you have an ETA on when this fix will go in as it is showing that I owe VAT when I don't as it hasn't included the amount I reclaimed.
I'm on the VAT flatrate scheme and have seen previous posts on here about reclaiming VAT before registration on the FRS, but as far as I can see this still hasn't been implemented. Do you have an ETA on when this fix will go in as it is showing that I owe VAT when I don't as it hasn't included the amount I reclaimed.
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Inappropriate?Carl,
That will be supported in our very next release, due in a few week's time. It's one of several changes we're making to our accounting engine.
Thanks for bearing with us, and sorry for keeping you waiting. -
Inappropriate?Very impressed Ed. Have just taken on new client and their previous accountant didn't claim enough VAT back. Technology wins.
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