Product releases
Improvement
VAT Review
VAT Overview
The VAT Overview makes it easy to run VAT Review for the period you need, go back to earlier runs, and review several periods for the same client. Previously, each new run replaced the last, so there was no way to return to an earlier review or work on more than one period at a time.
New
VAT Review
Late claims
Late claims are transactions added to a VAT period after its return was filed. In Xero, they move into the following period. VAT Review now includes them. Enter the date the previous return was filed, and Mimo brings them into the review alongside everything else. Your nine-box figures now reflect what will actually be submitted, and every relevant transaction is reviewed.
Improvement
VAT Review
Clearer result when no findings are identified
When a review comes back with no findings, Mimo now says so clearly and links to what it checked, so you know the review ran in full.
Improvement
VAT Review
Coding pattern tab
Pattern findings are based on how a supplier's transactions have been coded before. The Coding Pattern tab now shows the transactions behind each finding, so you can see the pattern for yourself before deciding what to do.