Taxes & Statements.
VAT right on every invoice,
statements ready for your accountant.
Configure VAT once, apply it automatically on sales and purchases, then pull registers and financial statements from the same ledger.
SolutionsInc Taxes & Statements (Frappe ERP) helps UK finance teams stay compliant — fewer manual VAT fixes, clearer quarter-end packs, and one source of truth for your bookkeeper.
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VAT Q1 summary
Output £12,400 · Input £8,150
UK VAT 20% — Standard
Default on new invoices
Set VAT once,
apply on every transaction.
Sales and Purchase Taxes and Charges Templates attach to invoices and orders. Tax accounts in your chart use Account Type Tax so VAT posts to the correct ledger automatically.
Standard and reduced rates Support multiple VAT bands, zero-rated lines, and tax-inclusive pricing for B2C.
Shipping and fees included Delivery charges can sit in the same tax table — one structure for the full invoice total.
Business Benefit: Staff issue compliant invoices without spreadsheet side-calculations — VAT matches what finance expects in the books.
Mixed rates handled with
rules, not guesswork.
Item Tax Templates override the standard rate per product or item group. Tax Categories (B2B, export, exempt) link to customers and addresses. Tax Rules pick the right template by party, item, date, and priority.
Zero-rated and exempt items Set 0% on specific SKUs while the rest of the basket stays at 20% — common in food, books, and mixed trade.
Valid-from dates Rate changes apply from a future date without rewriting historical invoices.
Business Benefit: Lower audit risk when you sell varied products or trade across regions — the system applies policy, not memory.
“VAT compliance starts on the invoice. Issue sales documents in Invoicing with the right template — then tax registers and your accountant’s reports all read from the same posted figures.”
Explore Invoicing
Pull VAT totals from
sales and purchase registers.
Sales Register and Purchase Register list every transaction for a period — net amounts and each tax type in its own column. Item-wise registers show VAT per product line for deeper review.
One pack for your adviser Export to Excel — output VAT, input VAT, and supporting detail without re-keying invoices.
Group by customer or territory See where VAT arises — useful for B2B, domestic, and export mix analysis.
Business Benefit: Faster VAT return preparation and fewer last-minute scrambles before the filing deadline.
P&L, balance sheet, and cash flow —
same ledger.
Beyond VAT, run Profit & Loss, Balance Sheet, Cash Flow, Trial Balance, and General Ledger — filtered by period, cost centre, project, or currency.
Owner-level clarity Understand profit and liquidity — not only how much VAT is due this quarter.
Budget variance Compare planned vs actual spend by department — spot overspend before year-end.
Business Benefit: Tax compliance and management reporting share one database — no conflicting versions for HMRC and the board.
Stay ahead of issues with
ageing and ratios.
Accounts Receivable / Payable with ageing supports cash for VAT payments. Financial Ratios highlight liquidity and leverage. Tax-inclusive pricing keeps customer-facing totals simple while books stay correct.
Catch problems early Unusual VAT balances or overdue debt show up in standard reports before they become penalties.
Hand off to your bookkeeper Structured exports mean fewer back-and-forth emails asking for “another version” of the numbers.
Business Benefit: Tax is not an isolated chore — it sits inside healthy credit control and financial discipline.
Tax and reporting work better
as one connected system.
Invoice → VAT → ledger → registers and statements — no duplicate data entry between modules.
