You can review and edit your VAT treatment and rates directly from the app. This feature lets you easily adjust your records to ensure your bookkeeping is accurate before you file.
To view or update your transaction details, follow these simple steps:
Open the app and go to the Home tab.
Tap the specific payment you want to view or update.
Look underneath Explain payment to see the current VAT details for that transaction.
Tap on the VAT details if you want to make changes.
Tap to select the correct VAT treatment for the payment.
Select the appropriate VAT rate from the list of available rates.
Once selected, the app automatically updates your totals and saves your changes instantly.