As many businesses in Ireland use the Cash Basis of Accounting, and Turbo Inventory provides the best guaranteed Irish Inventory management system. We are delighted to announce that our integration into Bid Red Cloud now automatically posts the VAT break down on payments when you are using the Cash Basis of Accounting.
This makes it easier for you to control you inventory (using Turbo Inventory’s best in breed features) and also keep your Accountant happy by using Big Red Clouds best in breed features
If you want to read more about how Big Red Cloud handles the Cash Basis of Accounting you can head on over to their support article. This is one of the many Irish-centric features in Turbo Inventory, as it is Irish owned and created for the Irish market, allowing you to be compliant with all Irish VAT laws without any additional work load (unlike a lot of the other competitors in the market)