actually we have paid cheque rent with for one year with vat
That is:- Rent for 4Quarter
VAT for whole year
but landlord collected money from us for one year vat amount also.
So i needs to know how am add tax paid in advance
usally i have filed the return for quaterly basis.
how should i create vat amount in quaterly basis.
You'll want to write the cheque in each quarter since you're in a Quarterly filing frequency. This way, you'd be able to report the correct VAT for each quarter.
It would also be best to consult with your accountant to make sure your reports are accurate.
Feel free to reach out to us if you have other questions about QuickBooks. Thanks.