Trial Balance
Trial Balance report is a concise report of the Ledger Entries on a chosen date by Nominal Ledger Code. The Trial Balance is reported in the Base Currency of each Company. On any number in the report, you can drill-down [...]
Submitting Your VAT Return
Once your company is connected to HMRC (See Authorising HMRC), you can directly submit VAT Reports through Aedon. There are 4 steps in the process: Creating your New Draft Report Reviewing your Draft VAT Return Finalising your VAT Return Submitting [...]
Creating New Tax Codes
Use a Reference We recommend that you use an existing VAT Code as a reference on a second screen before creating any new Codes. Review the Tax Codes article before creating any new ones. Step-by-Step Process Select Tax and the Tax Codes Sub-Menu [...]
Viewing Your Next Returns (HMRC Obligations)
HMRC allows you to confirm the dates for the next returns and the dates that these are due. They refer to these in antiquated English as Obligations. Step-by-Step Process Select the Tax Menu and the HMRC Sub-Menu Select the Next Returns page tab Choose the Aedon [...]
Viewing Your Submitted Returns
Aedon allows you to retrieve previously submitted VAT Returns and Download Receipt Details. Step-by-Step Process Select the Tax Menu and the HMRC Sub-Menu Select the Submitted Returns page tab Choose the Aedon VAT Period Click Here to download the Receipt
Creating Tax Periods
Tax Periods are defined for each Company and are the basis of the VAT submissions. Generally, the Tax Periods will be quarterly, but can also be Monthly, Annual in the UK or Bi-Four-Monthly in Ireland. Financial Years must be setup [...]
UK VAT Codes (Tax Codes)
The VAT Code structure has been designed to manage all types of Value Added Tax transactions. Sales VAT Codes have an "S" prefix. Purchases VAT Codes have a "P" prefix. "X" VAT Code has a zero rate and is excluded [...]
Deleting Budget Layers
From any Menu within Aedon, Click the Gear Icon and Click Setup. Click Object Manager. Search for Budget Journal Header object. Click Field and Relationships. In quick find search for type Layers and click Layers in the result. Click Delete [...]
Bank Account
Aedon can have an unlimited number of Bank Accounts. Bank Accounts are Company specific.Each Bank Account has a Source Currency which cannot be changed. All Ledger Entries and Bank Statement Lines are calculated both in the Source Currency and the [...]
