eFolio Accounts lets you manage your VAT reports online with ease.

If you charge VAT on goods and services you will find VAT reporting from eFolio Accounts online bookkeeping a key reporting tool for your business. With eFolio Accounts you can calculate, reconcile and report on VAT returns online. It’s quick and easy for you to complete in a few simple steps.
eFolio Accounts allows you to define the name of your Sales and Purchases Tax in the Financial Settings of your organisation. For more information you can go to help document in our support website www.efolioaccounts.com/support.

Reporting has never been so easy:

Reporting in eFolio Accounts is simple. As a business owner, you will benefit from multiple reporting tools within the system. Just navigate to the Reports Tab, choose the report you need, and define any reporting periods if required. There are many reports you can choose from:

VAT Reports – Generate and save VAT reports for submission to the tax authority.

• Customer Statements – Print or email statements for your customers
• Aged Payables – Aged analysis of all amounts owed by you to your suppliers
• Aged Receivables – Aged analysis of all amounts owed to you by your customers
• Supplier Statements – Print or email statements for your suppliers
• Profit & Loss Statement – Check your profitability based on revenue and expenses
• Period Balances – Displays the movement in your account balances over a specified date range
• Balances Sheet – Summary of your assets, liabilities and equity at a point in time
• Transaction Line Items – Detailed line-by-line report for each transaction
• Trial Balance – The balances of all your accounts. Also contains a Nominal Ledger Export
• Products and Services – Sales and Purchases of Products and Services

All bookkeeping reports can be viewed online or printed for your convenience. Take a 30 day free trial to see how easy the reporting function is, and how you can use eFolio Accounts to get paid on time.