When you are ready to start preparing
the group’s member or representative VAT Returns, click on the
group's entity name from
the Entity management screen.
This will take you to the group
entity dashboard. Under the Members
Summary section, you will see the group Representative
member along with all of the group members. The status column
will tell you what stage each of the VAT Returns are at.
To prepare a VAT Return,
click on the group member’s
name or the Representative
member’s name (as appropriate). This will take you to their
entity details screen. From here you can choose to prepare
the group member's VAT Return using AlphaVAT or the AlphaBridge
template or upload feature. Select the method
you wish to use. Please refer to the following help sections
for more information on preparing your VAT Returns.
Once you have prepared your
VAT Return you will be taken back to the Entity details screen
where you can view a summary of your VAT Return. You will
need to click on the Mark
as ready to consolidate button, so that the group entity
details are updated to say that your VAT Return is ready to
be consolidated into the main group VAT Return.
This will display a ready stamp, confirming
that your VAT Return for this entity is ready to be consolidated
into the final group VAT Return.
If you need to amend your
VAT Return, you can do this by selecting Edit
calculation button (if you prepared your VAT Return
using AlphaVAT) or by amending your AlphaBridge template and
re-uploading it to
the system. Amending your VAT Return using either method will
override the Ready for consolidation status and you will be
required to select Mark as
ready to consolidate again.. On the group entity dashboard,
the members summary will be updated to show that the VAT Return
for your group member/representative member is now ready for
consolidation. This summary will also show the method
used to generate the VAT Return.
This process should be completed
for all the other members of the group. |
