Group VAT Reporting

Legacy Contributor

Hi, 

Any suggestions on how to handle Group VAT Reporting in M3.

This is specific to the UK. MTD has been implemented. The customer would like to Group VAT Report (combine multiple divisions under one VAT reg no) and submit return via MTD.

If this cannot be handled via M3, any suggestions on a workaround?

Thank You

Legacy Contributor

It is my understanding that the VAT reports are built off the individual transactions, and is performed at the division level. Perhaps an ad-hoc report or a report created in RGS600 might be able to get you the summary figures required by HMRC from across multiple divisions, which you could then submit using a separate tool. I'm looking at an add-in to Excel called DataDear which handles the electronic UK VAT submission.