If you operate an ERP or accounting platform generating a high volume of transactions to calculate your VAT report, ensuring each transaction is accurately accounting for VAT can be a challenge. Common errors include incorrect rating for VAT or mis-postings where manual selections are required in accounts payables, which inevitably lead to errors on your returns.

Moreover, these errors represent risks in case of FTA audits when your internal accounting entries are assessed. It is time consuming and costly to review all your taxable and out of scope entries manually. Ideally you should validate all your internal transactions independently to highlight and correct possible errors to ensure your transactions and reporting is accurate.

Our service is inclusive of a state of the art platform to validate your system VAT postings and rating by processing your data for each accounting entry to provide greater confidence to your VAT returns.