VAT

No text available

No text available

No text available

I sent out an invoice to a customer that is a Ltd company. I'm not vat registered and they asked for my UTR number which I then put on my invoice and resent it.They have made a 30% payment to inland revenue and therefor my payment is only 70% that on my invoice.How do I record his my end? What steps do I take and how do I receipt the invoice as paid now? 

Hi all,I have a leased EV paid for through the business which I use for private use also, so can only reclaim 50% of the VAT on the lease payments. I have therefore set up a custom VAT code in QBO and booked the lease invoice with that VAT code each time. The net value of the invoice is showing up in box 7 of my VAT return but the associated VAT at 10% does not appear in box 4 so I am getting no reclaim benefit and neither I nor QBO Support can figure out why.Any ideas welcomed!ThanksMarty 

No text available

No text available

I import goods from the EU and some of my imports use postponed import VAT. Its my first time submitting a VAT return and I am unsure how to add it to my return. I've activated the correct VAT code but if i add an expense , wont that mess up my reconciliation as no money actually left my account? 

No text available

QB tried to fix issue for me by reopening the return. But I now have the quarter showing as both 'open' and 'filed', and the open return isn't picking up the exception £ from previous qtr.

Is any one else having the following issue. URGENT Fault. In Bank Transactions when you open up a transaction to process, and you select the VAT all you get is Manage VAT. The ability to select VAT is not possible. Processing in QBO is at a halt due to this bug/issue. 

No text available

My accountant says it wont matter but im not sure?

No text available

this problem needs resolving

No text available

No text available

I didnt think I had recorded the vat payment on the taxes page but the bank transaction page showed match. I proceeded to record payment ton taxes page but this led to possible two matches one saying VAT payment one saying tax payment. I matched  the vat one but this has led to vat payment showing twice in the Chart of accounts. Help? confused. Thank you. My figures are out by the amount of the vat payment so obviously I have to delete one??

Hi AllI have an Outstanding VAT and VAT control account both have different balances, what could be the reasons?

In the desktop version of QuickBooks you could go to the general ledger, into VAT Control Account and you could customise one of the viewing categories to 'Date VAT Filed' so it would show you which VAT period the transaction was filed.  This was very handy when trying to reconcile VAT on a cash basis.  I can't see in on the online version.  Does anyone know where I could find it?

My business is VAT registered and I recently imported some goods using a freight forwarding company. They paid the import VAT bill on my behalf. How would I categorise the VAT payment I made so I can reclaim it from HMRC, with the payment being entirely VAT? (so not standard rate or zero etc).

just goes back to home page

We have filed the clients first two VAT returns but now they want to prepare their own. How do we enable this on QBs?

Hello, I accidentally underpaid the VAT amount of £5100 by £100. So to correct I made another payment of £100.How do I record/match the two payments in QuickBooks against the single VAT due of £5100 ?

No text available