Financial Settings - VAT Scheme

[Dave Yeomans]

I've recently cleared down my trial system and reset it using Business Settings - VAT Scheme "Cash Accounting" instead of usual "Standard".

However, when I use the API to read the Financial_Settings.accounting_type it still keeps coming up with "accrual" (ie. Standard). I was expecting it to return "cash based".

Am I doing something wrong or is this an issue?

Dave

[Steel, Mark]

Hi Dave,

Thanks for your question.

It's the tax_scheme you need to be looking at in the financial_settings. They are set with an enum value from tax_schemes which include the below options. Yours should be CASH_ACCOUNTING.

 

{
            "id": "CASH_ACCOUNTING",
            "displayed_as": "Cash Accounting",
            "$path": "/tax_schemes/CASH_ACCOUNTING"
        },
        {
            "id": "STANDARD",
            "displayed_as": "Standard",
            "$path": "/tax_schemes/STANDARD"
        },
        {
            "id": "NOT_REGISTERED",
            "displayed_as": "Not Registered",
            "$path": "/tax_schemes/NOT_REGISTERED"
        },
        {
            "id": "FLAT_CASH",
            "displayed_as": "Flat Rate Cash Based",
            "$path": "/tax_schemes/FLAT_CASH"
        },
        {
            "id": "FLAT_INVOICE",
            "displayed_as": "Flat Rate Invoice Based",
            "$path": "/tax_schemes/FLAT_INVOICE"
        }

Thanks

Mark