Cost Centres that must exist

Expenses

    Bank Error

    Car Lease (if claiming VAT)

    Car Fuel (If claiming VAT)

    Drawings

    Wages

    PAYE

    Charitable Donations

Any cost centre that you do not want to include in the VAT Return can be marked on the cost centre parameter record with EXCLVAT in the SubID field as shown below. Any financial transactions excluded because their cost centre is marked as EXCLVAT are displayed under the Excluded Transactions Tab in the VAT Audit form.

Incomes

    Sales

    Non Sales

    Bank Error

Any cost centre that you do not want to include in the VAT Return can be marked on the cost centre parameter record with EXCLVAT in the SubID field as shown below. Any financial transactions excluded because their income type is marked as EXCLVAT are displayed under the Excluded Transactions Tab in the VAT Audit form.