Futrli automatically calculates VAT/GST/sales tax for you. This includes the option to defer VAT/GST/sales tax, for whatever reason.
You can find the tool to set up the deferral within each forecast in Futrli.
📎 NOTE: You can defer VAT/GST/sales tax in a 3 year cash flow forecast, or a 3 year cash flow with due invoices forecast. This feature isn't available in a 1 year P&L forecast as this forecast option doesn't include a balance sheet.
View your forecast, then click the Balance Sheet tab.
Click the Current liabilities dropdown.
Next to the VAT/GST/sales tax account, click Defer VAT (this will display as GST or sales tax depending on your location).
On the Deferred VAT/GST/sales tax payment window you have two options:
Pay deferral in one lump payment
Split the payment over 12 months
Select the relevant option, then enter an amount for the payment.
Select the expected/first payment date.
When you're done, click Confirm.