Demo · Twofold

VAT · 1 Oct – 31 Oct

VAT collected on sales+€1,564.50

Recoverable VAT on purchases-€1,131.40

Estimated VAT to pay€433.10

Non-recoverable VAT (€9.00) is treated as part of the cost, not reclaimed. Check the figures against your VAT return.

Reports are cash basis: invoices and bills count when paid. Figures are for planning and are not tax or accounting advice.