Group Returns
A Group return comprises entities in a parent-child structure. This is a consolidated return where one group has one or more single entities linked to it.
The group return is a much smaller calculation compared to the single and contains a few sheets that do not appear in the single. These are
Group: Management information (B4)
, Group summary (R)
, Group: Return summary (RA)
sheets.Management Information (Schedule B4) Group
Management information (
B4
) is one of the standard sheets that appear by default in all the group calculations. It is similar to sheet ( B
) where in the details related to sales, purchases and VAT payable/refundable are presented in different columns of the respective linked entities (their total amount flows into sheet B
).Return summary (
RA
) is one of the standard sheets that appear by default in all the group calculations. It is similar to sheet A1
in single calculation. It acts as a support for the Return Summary (A
) sheet. It presents data in different columns by linked entities.Data Flow: This sheet pulls data from linked entities, and you can make manual adjustments. Some will be formula boxes, which are calculated based on the data pulled in from linked entities and manual adjustments made by the users.