Unlocking Financial Efficiency for Charities: Navigating VAT for NFPs
Join TES’ Business Central VAT expert, Nicole Hill as she delves into TES’ comprehensive Partial VAT exemption solution, Built for the not-for-profit sector. Charities often grapple with VAT complexities regarding partial exemption, and TES’ Enhanced Partial VAT solution simplifies the process, addressing administrative challenges associated with VAT. Ultimately reducing the risk of inaccurate VAT reporting and the time associated with your VAT calculations.
Discover how our solution ensures compliance within various HMRC agreements for charities and not-for-profits, directly within Business Central. The emphasis on automation minimises the need for adjustments to VAT and GL accounts outside of the system, including any associated Excel add-ons.
Our comprehensive approach involves retroactively updating VAT and GL accounts affected by Partial VAT within Business Central. Additionally, the system can be configured to expense VAT immediately upon transaction posting or at the end of a period to align with your processes. This webinar offers practical insights to enhance your financial processes and navigate VAT more efficiently in the context of charitable organisations. Register now to secure your spot and gain valuable perspectives on VAT management.