Cash flow Manager - Calculate vat liability
It would be good if Xero could use vat charged on invoices and spent on bills to calculate what the predicted VAT is for that quarter and add it into cash flow manager - rather than this needing to be added manually
Belle Moore
shared this idea
Thanks for sharing with us here, Belle. Cashflow Manager in Xero Analytics will show your organisations predicted tax payment. You can find this under Recurring Cash Out. Check out my example image 😊
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Helen Keegan
commented
Why cannot Cash Flow manager use the organisations actual VAT quarters rather than assuming that they align with the year end date? There is enough information in Xero based on bills/ invoices raised to HMRC for VAT for the system to work out when the VAT quarter actually ends?
I cannot find a way of changing the VAT payment dates in cash flow manager.