Objective

If your company is not VAT registered, we would recommend marking it as such within AutoEntry. This article will show you the steps required to do so!

Applies To

  • Non-VAT registered companies

Procedure

Setting your company as non-VAT registered on AutoEntry will automatically show only a gross figure on invoices/line items extracted and assign a default 0% VAT code (of your choosing).

Please note that if your company is marked as non-VAT registered in your accounting package, you may encounter issues while publishing invoices if not marked as such in AutoEntry also, and vice versa.

To set your company as not registered for VAT, please do the following:

  1. Go to Company Settings > Accounting Settings > General.

  2. Tick the box that says 'Not Registered for VAT'.

  3. After you tick this box, two new dropdown menus will appear under the Accounting Settings > Purchases and Sales sections. These will both be called Default VAT Code. From each of these dropdowns, select the 0% VAT code(s) you wish to be applied to all Purchase and Sales invoices respectively.

  4. After selecting VAT codes from both of these menus, remember to click the 'Save Changes' button to the left and you're all set!

Additional Information

  • For a full overview of all Company Settings available in AutoEntry, please click here.

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