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What Happens If I Change From Standard To Cash Accounting For Vat During The Year Or Vice Versa?

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What Happens If I Change From Standard To Cash Accounting For Vat During The Year Or Vice Versa?

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Decide on the date you will be making the changeover. On that date save your cashbook and VAT summary report to a memorable folder/area in your computer. Go to the Books home page and select Preferences and select the relevant type of VAT accounting. Ensure you talk this through with your accountant.

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