non- V.A.T Invoices and Numbers

[MrGBoy]

Do I need a separate invoice for every customer/sale?

I am now VAT registered and I understand the invoice procudures for VAT re: sequential invoices numbers...

However, I'm going through my accounts and there is a period of time (before we were VAT registered) during which individual invoices for customers were NOT entered into KASHFLOW. The money was being processed by Nochex - to save time, instead of creating an individual invoice for each customer, we just created one for £20k and put Nochex as the customer name. Is this acceptable?

The £20k is accounted for in KashFlow - it's just not allocated to individual customers.. :D

Does this matter?

[DuaneJackson]

Do you have the breakdown (in case of enquiries/investigation) of who it was to, etc available elsewhere?

[MrGBoy]

Do you have the breakdown (in case of enquiries/investigation) of who it was to, etc available elsewhere?

Hi Duane

Yes - I have the records from Nochex for each individual customer. It's just that the money is not allocated in Kashflow to each individual customer. Is this ok?

Thanks for your time.

[DuaneJackson]

Yes, I'd have thought that'd be fine.

You should however check that your accountant is also happy with it being done that way.

Duane