A new option to ‘Change VAT Basis’, Display in either base or original currency of DEXT Prepare imported Foreign Currency Transactions and for UK VAT registered data-sets an option to ‘Make a Payment’ of VAT to HMRC.
DEXT Prepare Import - Foreign Currency, Display in Base or Transaction Currency
We have implemented a new option when importing foreign currency transactions through DEXT Prepare, where you can display the amounts in either the Base currency of the business or the actual currency of the transaction. For more details click here.
Change VAT Basis
We have implemented this new feature which will allow you to change the VAT basis, from Cash to Invoice or vice-verse, where VAT Returns have already been made to Revenue/HMRC under a previous Basis. For more details click here.
MTD - Make a VAT Payment to HMRC
We have implemented a ‘Make a Payment’ button on the MTD VAT Return browse, which will redirect you to the HMRC website to enable you to pay your VAT.