Question 1

What is VAT in cash flow?

Accepted Answer

You can generate a VAT forecast by first enabling it in Cash Flow Frog. Once enabled, our platform will calculate VAT/GST returns from your bills, invoices, expenses, sales and projections. We calculate VAT/GST based on the current rate and period setting. In your cash flow forecast, we’ll include these calculations based on the payment date setting.

Question 2

How do you show VAT in a cash flow forecast?

Accepted Answer

We handle your VAT cash flow forecast automatically when you enable it on our platform. We will place VAT inside of your forecast based on your payment schedule.

Question 3

Can Cash Flow Frog tell how much is my tax (GST, VAT) return?

Accepted Answer

Yes. Our cash flow forecast includes GST and VAT. We will determine this from your bills, invoices, expenses, sales and projections. We will then display how much tax is due in your forecast based on the payment setting in your accounting software.

Question 4

How does VAT work in Xero?

Accepted Answer

A Xero VAT return works automatically. Xero will calculate the VAT for each transaction line. Flat rate schemes can also be calculated and applied for your transactions.

Question 5

Should VAT be included in the cash flow statement?

Accepted Answer

Yes. VAT/GST are an integral part of your cash flow forecast because these payments are some of the largest that you’ll make.

Forecast your VAT / GST payments

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How does it work?

The best way to project your VAT/GST returns