Every sales invoice and supplier bill posts simultaneously to your double-entry ledger and your MTD VAT return data — zero manual reconciliation.
Most UK businesses run bookkeeping in one tool and VAT in another. ETaxFlow merges both into a single ledger so nothing falls through the cracks.
Every transaction posts to your chart of accounts AND to the correct VAT return box simultaneously — standard 20%, reduced 5%, zero-rated, and exempt.
Output VAT and input VAT are tracked in dedicated control accounts so your balance sheet always matches your VAT liability to HMRC.
Import UK bank statements and reconcile VAT payments, refunds and adjustments directly against your general ledger.
Generate a trial balance at any date with VAT entries clearly separated — ready for accountants and HMRC enquiries.
Automatically calculates recoverable input VAT and records the net payable or refundable amount each period.
Record transactions in USD, EUR or any currency. ETaxFlow converts to GBP at the invoice-date rate and posts the FX gain/loss automatically.
From invoice creation to MTD-ready VAT data — without touching a spreadsheet.
VAT is calculated and classified automatically per line.
Dr/Cr entries hit Revenue, AR/AP, and Output/Input VAT.
Every entry populates the live MTD-ready VAT draft.
Review the VAT figures, hand off for MTD submission, and lock the period.
A VAT calculator simply computes 20% on an amount — it doesn't record anything. ETaxFlow posts every sale and purchase to a double-entry ledger, tracks the running VAT position, and prepares MTD-compatible VAT return data at period end.
Yes. ETaxFlow generates MTD-compatible VAT return data from your live accounting records, covering the 20% standard rate and reduced/zero rates, in the digital record-keeping format Making Tax Digital requires.
Each invoice line is classified individually — standard 20%, reduced 5%, zero-rated, or exempt. ETaxFlow splits the output correctly with no manual apportionment needed.
Yes. ETaxFlow's import wizard accepts CSV and Excel files, and our onboarding team assists with migration during setup.
Expenses can be entered directly or via the bank feed. VAT on expenses is claimed as input tax, provided the supplier has issued a valid VAT invoice, which ETaxFlow validates on entry.