Does the VT Final Accounts tax calculation work with an accounting period exceeding one year? I seem to get #N/A in some cells.

Does the VT Final Accounts tax calculation work with an accounting period exceeding one year? I seem to get #N/A in some cells.

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Corp Tax AP cannot exceed 12 months

vtsoftware | | Permalink

An AP for corporation tax purposes cannot exceed 12 months. See www.vtsoftware.co.uk/support/ap.htm

You should be getting a warning and a link to the above on row 11 of the TaxCompData sheet

Philip Hodgson
VT Software

That will be a "no" then.

chatman | | Permalink

Thanks Philip. I am aware an AP cannot exceed a year for CT purposes but it is obviously possible to calculate the CT for any length of period. I was just wondering whether the VT calculation could do it. I will continue to do it the normal way.

Not a problem for me; I use VT for its superiority over other accounting programmes. The tax is just an added benefit.

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