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I know this would be a massive task, however a simplified vat system i think would be good,


for instance gl posting groups, when posting directly to the gl accounts you are limited to using only one vat posting group, so you run into a problem if you have two line amounts in different vat groups that need to be posted to the same gl, otherwise you need to create 2 or more of the same gl account with different vat posting groups... this is especially true for small business who want to maintain a small manageable chart of accounts, or qualify for small accounts exemption


i think when setting up the vat posting groups on the per gl account, if the vat posting group selected was the default posting group, however when entering line amounts you had a column with a drop down selection you can select the predefined vat posting groups, line by line....


Unrealised Vat: alot of sme's in the uk with a vat taxable revenue of under £1.35 million are on a cash vat or similar scheme, i think the ability to switch the system and it automatically create the unrealised vat holding gl's and define the gl's unrealised vat accounts, without having to go threw and manually define these, would be super handy, but then the option if necessary to switch the system back to standard accrual


UK specific HMRC Plugin: a plugin or extension to automatically file vat returns with hmrc in the approved layout, would be handy, i know that, that being country specific is more of isv solution, but nothing on appsource at the moment, would be a good native microsoft extension


the closest vat model systems, i could find are xero's & sage one, as most customers using those two products the next growth step, would be to transition onto 365 financials or similar (oracles netsuite, which also has a complex vat system)


kind rgds

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Ideas Administrator

Thank you for this suggestion! Currently this is not on our roadmap. We are tracking this idea and if it gathers more votes and comments we will consider it in the future. Best regards, Business Central Team