How To
VAT Reports (Twinfield)
Twinfield
VAT Reports
The VAT return reports can be produced monthly, bi-monthly, quarterly or yearly. VAT reports do not lock provisional transactions, therefore, VAT analysis reports are an ideal way to review the transactions and amend provisional transactions before moving onto the next stage of creating the VAT return.
- Click the Reports icon
- Select the Reports tile
- Select the VAT category by clicking the link for View category under VAT
- Select the report VAT Analysis or VAT Analysis with Cust/Supplier by clicking on the report name
Report Criteria
- Year: Enter the calendar year for which the starting month of the period falls
- Return Period: Select the correct VAT periods to report on
- Status: Ensure that both Provisional and Final transactions are ticked
- Show: Ensure that this tick box is selected to include any transactions posted to a prior period where a VAT return has already been submitted
Click next to view the report
Clicking on the transaction values against lines in the report will display the source transaction which can be edited if still provisional
Related documents
Cheques and Paying-in slips
Cheques and Paying-in slips.
Twinfield: Twinfield Analysis Consultancy (10091307)
This document outlines a training course on Twinfield accounting software, designed for Twinfield partners and subscribers. The course, lasting up to 3 hours, focuses on enabling participants to leverage their Excel expertise to manipulate TwinCube data for creating comprehensive financial reports. Key objectives include processing transactions and searching via the reporting module. The session covers various topics such as data cube management, Excel formula building, and conditional formatting. Attendees must have advanced Excel skills and their own devices to join the session, as the course is tailored for Microsoft Windows users.
Twinfield Consultancy (10093303/10080551)
This document outlines a consultancy service for Twinfield users, targeting both partners and subscribers. It emphasizes collaborative sessions aimed at improving operational efficiencies and best practices through tailored advice and process reviews. Conducted online or onsite over two 3-hour sessions, the consultancy covers topics such as reporting, VAT reporting, and reconciliations. Attendees are expected to have a solid grasp of double entry bookkeeping. Additional resources, including eLearning courses, videos, and webinars, are provided for further learning.
Twinfield: Integration Consultancy (10095230/10095228)
This document outlines a consultancy-led course focused on the Twinfield accounting software, designed to assist businesses in managing their financials effectively. The course consists of four interactive sessions—each lasting three hours—covering navigation, invoicing, credit management, transactions, and reporting. Aimed at Twinfield partners and subscribers, participants are expected to have a good understanding of bookkeeping principles. Additional resources such as eLearning courses, videos, and webinars are also provided to enhance learning. The maximum group size is six delegates.
Twinfield: PM Integration Consultancy (10091304/10091303)
This document outlines a training course for Twinfield accounting software users, focusing on its integration with CCH Central. The course consists of four sessions, each lasting about three hours, aimed at enhancing attendees' bookkeeping skills and knowledge of both systems. Key objectives include familiarization with CCH Practice Management and Twinfield, as well as hands-on experience with financial processes such as invoicing, bank transactions, and VAT reporting. Prerequisites include a good understanding of CCH Central and appropriate permissions. The course is intended for Twinfield partners and subscribers, with a maximum of six delegates per group.