VAT

snaazysnaps-gmai

If i need to make an adjustment in the output vat sales. Do i only use the amount that i need to add? or both amounts together

What amount should i use for the adjustment in output vat on my return.  I need to add to sales but not sure if i only use the amount that i need to add in the adjustment amount or should i use the new amount as a total output number?

JeremyAdv

Newly VAT registered (South Africa)

HiI’ve been trading now for 10 months and using QBO during this time. I am now VAT registered. Can i just turn on the tax function and start using it from the date i became VAT registered? Or do i need to do something special/different to compartmentalise the pre-VAT period i was trading from the post-VAT period? I just don’t want to cause any problems with the system setup.Any guidance would be gratefully appreciated.  

How to allocate an expense item that is on a sales invoice to Input VAT?

For example:Client sells R300,000.00 worth of cattle. Then there is commission deducted from the Auctioneer of R30,000.00Accounting wise I need to split this between income which is the R300,000.00 and Commission expense which is R30,000.00. Now what happens is I created a services item for the commission expense and it splits it perfectly between income and expense when I enter the commission amount with a negative value. But on the VAT report it is declaring the net amount of R270,000.00 so I am out with the R30,000, because it isn't splitting it on the VAT report between Input VAT and Output VAT

rdebruinf-gmail-

I want to change my old vat nuber to a new one

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-rsms-co-za

Try to record vat payment. get thiscould not determine node type (code: "PLT-2000")

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debbie37

What account do i enter income tax payments under

i have paid provisional tax for my company . how do i set up the correct account in the chart of accounts

How do remove applications of VAT to transactions, client is not registered

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Margie- MGLNew Member

Can a terminated clients file be recovered

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-ubusi-co-za

How do I allocate a VAT payment in my bank transactions?

I've recorded the payment for the VAT in the VAT side of QB and it reads Filed and Paid.  But now I have the actual transaction sitting in my bank transactions and I have no idea how to clear it. Because you can't post to the VAT Payable account.  And the Help files don't say anything about this part of the transaction.

natasha5

How do I categorise (post) a VAT REFUND from the bank download?

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info-iapro-co-za

When filing the return does the VAT Payable then reduce to create the VAT suspense?

Actually what I want to know is When you look at the balance sheet which amount is what you owe to SARS for the current VAT Period.What is the difference between VAT payable and VAT Suspense?

info-iapro-co-za

Made a mistake on the VAT return how do I fix it

Need to unfile my last VAT return

avwiggill-vodama

Hi How do I turn off my VAT. I am not registered for VAT.

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mastermind-digiw

How to remove Tax on purchases

How do we remove the "Tax*" under Banking when trying to categorise an expense to a Customer?

info-iapro-co-za

How do I create VAT returns for Previous periods?

I have the VAT returns for Jan/Feb 23 and March/April23 and May June 2023. But I need to create then for the previous year. How do I back date the VAT returns?

aweaver-robantin

How do you remove VAT if your company is not VAT registered?

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thys-dullaart-gm

I can't seem to get my invoice to show my customers Vat Registration number. I am not vat registered myself and do not have a reg number of my own..

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kavish-sewruttan

I cannot create a VAT return for the period 1 august 2022 to 30 september 2022. How can the return be created?

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@acculegacy.co.z

Are car repayments vat exempt ?

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rianne-potgieter

How do I see all the discounts that were given on sales?

Can I get a list of all discounts given on sales?

btb67

Vat Number field missing in QB online hand device?

Wanted to create a new customer from my hanheld QB online platform and noticed the VAT Number field is missing

lisa149

We're not vat registered but been recording on expenses. How can I change all expenses to Out of Scope of VAT without having to go into each record?

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kabarnard-01-gma

Why is VAT captured in Journals not included in the VAT Dashboard for VAT Returns in Quickbooks Online?

All input and output VAT is calculated and included in the VAT Returns dashboard except for Journals.  Is there a specific Setting for this to also be included in the calculation? Otherwise, this feature is useless in QB Online as the VAT calculated therein is incorrect.

jophi80-gmail-co

I am setting up VAT for a new client how do i set up start date to July 2021? Client registered vat in July 2021

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