Autosum Accounts - The Web Based Accounting System That Speaks Your Language

The accounting system that speaks your language

V.A.T. Summary

When a User is registered for V.A.T. the application automatically collects the reporting data for both Sales and Purchases. In the Transaction entry menus the HELP description guides the User through the proof check routines added in the application.

At the end of each quarter when values are due to be reported to HMRC there is an automatic reconciliation and the reporting values are firmed up. At all times throughout the Accounting year the values recorded in the Balance Sheet can be matched to the V.A.T. Summary.