This report provides a summary of VAT due and claimed (but not necessarily collected or paid) on sales and purchases for the selected date range, based on the VAT codes used. It resembles the structure of the actual VAT 100 form, giving the amounts you need to complete the form. Transactions that use the N-T VAT code do not appear on this report.Use this report if you use the accrual method of VAT accounting. This method works by paying or reclaiming VAT based on the invoice date.
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