I am new to front accounting, and have basic accounting experience, very impressed so far with ease of installing and use as I've 'played' with it.
However, I am a small sole trader, below the threshold for UK VAT registered. How is that normally set up?
Do I just set up as if VAT registered? I would prefer not to show VAT on invoices in case it misleads customers and they try to reclaim it.
At some future point, I may need (or choose) to register for VAT, so would like that to be relatively straightforward.
I've looked in the wiki and forum but couldn't find anyone in a similar situation.
Also, I currently account on a cash basis, do I need to do anything to handle that? Just trying to keep things simple so my accounting overhead is minimised!!
Many thanks,
rolinger