Waiting for outr vat registration, but in the meantime i have some questions:
We are going to breach the threshold for vat before the registration number arrive.
Can you retrospective change the vat enabled date in qf to match the registration date?
Does QF create new ledger(s) to capture the sales/purchase vat amounts once the feature is enabled??
Thanks in advance
Dave
No new ledger, QF will take vat from date of vat you enter under settings. You should be able to amend invoices for vat before submitting it to HMRC. As far vat charing is concerned to your customers, you should price enough to cover your vat bill
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