Accountant Notes

• VAT Collected and Margin Profit are prototype estimates only.
• Margin Scheme: VAT applies to the margin (sale price − purchase cost), computed at 21% embedded rate.
• EU B2B Reverse Charge: zero VAT on this system; buyer self-accounts.
• Export Outside EU: zero-rated with proper export documentation required.
• Consignment transactions are excluded from Revenue / Purchase totals.
• VAT Deductible (input tax) is not yet computed — requires purchase invoice VAT data.