You may need to change your financial settings, for example, if you want to enter your VAT registration number, or if your accountant changes the financial year of your business.
To change your financial settings
- 1. Settings > Accounts Settings > Financial Settings.
- 2. Amend the following details as necessary:
|Year End Date||Enter the last day of your financial year.|
|VAT Scheme||The current VAT scheme appears. If necessary, you can change this .|
|VAT Number*||The business VAT registration number.|
|Submission Frequency*||The frequency is automatically set to Bi-Monthly for VAT submissions to Revenue.|
* These fields only appear if you have entered a VAT scheme.
- 3. Click Save.
You’ve successfully amended the financial details for your business.