What's new on Bromcom

Reports > Finance > VAT Reporting

This update enhances the VAT Full Report by introducing a structured CSV export format, ensuring consistency with the existing PDF output while improving data accessibility for reporting and analysis.

Key Enhancements:

New CSV Export Option:

• Available in Reports > Finance > VAT Reporting when exporting VAT Full Reports.
• Users can select Comma Separated Variable (.CSV) format.

• VATFullReport_[DD-MM-YY_HH-MM-SS]_[EstablishmentNumber].csv
• Ensuring unique and identifiable filenames for each export.

Formatted Data Output:

• Header Line: Includes key report details such as Financial Year, VAT Period, Establishment Code, and User Login.

• Transaction Lines: Matches the PDF report format, listing VAT Code, Transaction Date, Ledger Code, Transaction Type, Reference, Description, Supplier/Customer, Net Value, VAT Amount, and Gross Value.
• Total Line: Summarises all VAT Inputs, Outputs, and Totals for the selected period.
• Summary Section: Provides a breakdown by VAT Code, VAT Rate, and Input/Output Totals.

Impact on Reporting:

• Users can export, filter, and manipulate VAT data efficiently in spreadsheet applications.
• Maintaining data accuracy across both PDF and CSV formats.
• Aligns with audit and compliance requirements for VAT reporting.

This enhancement streamlines financial reporting, ensuring greater flexibility and improved data handling for finance users.