cancel
Showing results for 
Search instead for 
Did you mean: 
Not applicable

What is the process for VAT return if the first period is different than other for e.g. My first VAT is for four months and then quarterly. How do I deal with this?

 
1 REPLY 1
Highlighted
QuickBooks Team

Re: What is the process for VAT return if the first period is different than other for e.g. My fi...

Hello usman1,

 

You can set up your VAT to Start the current VAT period to the next quarter filing (E.g. if you need to file from Jan-April, the Start of current VAT period must be June). This way, your VAT is set up for quarterly going forward.

 

QuickBooks will let you change the start date of the filing period for your first filing. It means you are allowed to file four months period. Once you file your first return, QuickBooks will then follow your filing frequency.

 

You might find this article helpful: Submit a VAT return in QuickBooks.

 

Please leave a comment below if you have other questions. We're here to help.