Accounting
About VAT, profit and loss, and ledger accounts
Articles
- Profit and loss statement
- Trial balance
- Exporting your trial balanceMaking your trial balance or the included journal transactions available to share by exporting it from BEX PMS.
- Creating and applying VAT ratesIn BEX PMS, you can create multiple VAT rates and apply them to cost items by linking them to the correct ledger accounts.
- Changing the VAT rate of a cost itemOn invoices, you will see the calculated VAT rate per cost item in the invoice line. This can be adjusted on the invoice as a one-off, or you can adjust the standard assigned VAT rate for this cost item.
- Accounting check for your VAT settings and resultsIf needed or desired, you can check your VAT settings and results by comparing your trial balance with the VAT amounts listed in the relevant invoice items and receipt items.