VAT Threshold
Ask this shop's accountant: is the pharmacy above or below the VAT registration threshold? Published bands differ. Do not guess from turnover.
This shop will not charge VAT on any sale.
Imported Opening Stock
If you already imported a stock file, post it to the books. Quantity times unit cost becomes opening inventory. Items already counted stay as they are.
Accounting Periods
| Period Start | Period End | Status |
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Trial Balance
| Code | Name | Debit | Credit |
|---|
Cost Exceptions
A dispense with no cost is not refused. Zero COGS is flagged here for the Biller or Owner.
| When | Source | Reason | Status | Note |
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Chart of Accounts
Search and edit names here. Seeded codes stay. 6910 is Cash Over And Short. 1900 and 2900 stay dormant. Add a new code when this pharmacy needs an extra account.
| Code | Name | Type | Normal Balance | Kind | Action |
|---|