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VAT Updates to EC Sales and FRS

Another improvement to our accounting software based on feedback from our customers:

This release of KashFlow includes updates to VAT covering EC Sales and FRS.

Included in this release:

  • EC Sales List – You now have the option to disable automatic submission of EC Sales List.
  • EC Sales List – In line with disabling submission, you can now download your EC Sales List.
  • EC Sales List – Update for services reporting on submission.
  • EC Sales List – Update for cash reporting periods inline with accrual.
  • FRS – Update for capital assets reporting to support for spread payments and multiple lines.
  • FRS – Update for reverse charge on EC purchases.
  • General enhancements and fixes.

More information about VAT, the EC Sales List and FRS is available in our knowledge base.

 

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