I'm setting up a new business, and I'd like to keep a track of how much VAT I am paying on purchases, simply out of curiosity. Is it possible / advisable to enter all the VAT transactions (on purchases only) and then simpy Journal the VAT out if, or when, I ever become VAT registered? I am basically proposi...
Hi All, I have been with my current employer for 20 years, and ACCA qualified. I've been wanting to set up on my own for quite some time now. I need to apply for an ACCA practicing certificate before I can go any further. My concern is I don't want to give up my job until I am in a strong position in my new ventur...