Quote:
Originally Posted by Archangel
Does it do Flat Rate Vat?
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No, however you can manipulate it to comply with FRS. I post invoices with the 17.5% added on, but in addtion each VAT qtr I post an additional sales item which is the "profit" on the VAT for that period.
I'm using MS Accounting in addition to a spreadsheet this year and am hoping to submit my end of year accounts myself.