VAT flat rate scheme - profit made. How to show on accounts?

As above (reproduced below for conveniance)

Can anyone help? Client opted for flat rate scheme abd is circa. £200-£300 better off per quarter. How is this accounted for? How is it shown on the accounts? Am not sure and any help would be welcome.
Richard Crofts

Comments
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Is FRS needed?

martinfoley07 |

Martin makes a good point

petersaxton |
petersaxton's picture

VATman's powers over accounts

martinfoley07 |

Cedella Popo

petersaxton |
petersaxton's picture

VAT Flat rate scheme - disclosure

kabini |

Gross up sales and expenses

Anonymous |

Doesn't that count as wrong?!?

malcolmcoles |

And the prize for the oldest thread resurrection goes to...

Dave Paveley |

Filling in the FRVS form

malcolmcoles |

plent of previous answers on this topis

carnmores |
carnmores's picture

Treat as 'discount'

NeilW |

Danger of overstating turnover

NeilW |

Neil, you haven't been swayed, then!

Anonymous |

option a

AnonymousUser |

FRS

abacusacc |