This guide will look at what you need to update in Hoowla once you become VAT registered.

  1. Update Company Settings
  2. Update your Quote Calculators
  3. Check any invoices that have been generated between the day you became VAT registered and the day you let your Hoowla system know you are VAT registered
NOTE: If you cannot see all of the areas in this guide then you may need to speak with your admin user in order to alter your permissions.

Update Company Settings

Click Setup

Then Company Settings

On this page, you will need to tick the box next to Company is VAT registered?

Then enter your VAT number:

Then press Save

 

Update your Quote Calculators

 

Click on Setup

 

Then Quote Calculator

 

Choose the calculator, for this example, I’m going to select Internal Prices

 

 

Then scroll down and click on Advanced Options

 

You will see under Finances, a tick box next to Is your company VAT registered?, tick the box in order for VAT to be calculate automatically for you

 

Then choose whether you want your Headline Legal fees to include or exclude VAT

Another optional setting is if you want to add VAT to Land Registry Fees, if you do then simply click the tick box next to Add VAT to Land Registry Fees?

Check invoices

Once you have updated Hoowla then any invoice going forward will automatically take in account that you are VAT registered. However, it is recommended that you check all invoices are checked between the day that you are VAT registered and the day that you update Hoowla that you are now VAT registered.