VAT deregistration - Cash Accounting (SAGE 50 Accounts Client Manager)

Question

I am deregistering a client who uses cash accounting. I understand I have to account for VAT on assets and also debtors/creditors. How do I do this in SAGE please? Are they manual adjustments to the VAT return? 
 Thanks Sarah

Andy Rickeard · Answer

Hi, Thanks for using Community Hub. This is our current guidance around VAT Deregistration: Deregister for VAT - UK Only In terms of showing the VAT on the return, I'd suggest confirming with HMRC what they would like to see and then we can use the appropriate postings / tax codes or manual adjustments as required. Regards, Andy Sage UKI

Sage 50 Accounts

VAT deregistration - Cash Accounting (SAGE 50 Accounts Client Manager)

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