Thanks for coming back, DdB2.
The Flat Rate Scheme only takes effect on the transactions and in the reporting when preparing return in the Taxes tab. Other reports aside the Prepare return will use the standard 20% calculation.
Also, the Profit and Loss report only captures the Gross amount of each transaction. With that said, the Vat amount on each transaction will not reflect on the report.
To learn more about how the Flat Rate Scheme, please refer to these articles:
Since we're unable to pull up your account here in the Community space for the security of your account, I'd suggest contacting our Customer Support Team. They'll pull up your account in a secure environment and help you review the expenses in the report. Just follow the steps provided by my colleague above.
Please loop me in if you need a hand filing your VAT returns. I'm determined to ensure your success.
