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Switch between accrual and cash-based VAT/GST/sales tax
Switch between accrual and cash-based VAT/GST/sales tax

How to change you tax scheme.

Updated over a week ago

In Futrli you can select the VAT/GST/sales tax scheme used in the organisation from the default settings.

  1. Click the Forecasting tab.

  2. View a forecast.

  3. Click the Controls dropdown, then click Settings.


  4. Under VAT scheme, click the dropdown and select the scheme you want to use:

    • Accrual-based

    • Cash-based

      📎NOTE: Make sure you select the I pay VAT checkbox for these options to appear.

  5. Click Update.

📌 TIP: You can also set your default VAT/GST/Sales tax rate for a forecast.

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