What does our new enhanced VAT module do?
Put simply, if your business has eligibility to reclaim VAT across goods and services you buy to use in your business, you will know that the process of reclaiming VAT can cause you a great deal of headaches. The great thing about our enhanced VAT module is the fact that it will remove this problem by managing your calculations and postings of transactions in Business Central.
Therefore, it will be able to accommodate the following elements:
- Non-Recoverable, Fully Recoverable or Part Recoverable VAT accommodated
- Record Partial VAT for AP and General Ledger
- Compatible with the UK VAT100 reports available within Microsoft Dynamics 365 Business Central
