This is one of the common questions we get from our customers. There are a few steps to follow to make sure that you've completed your VAT return correctly.
- Follow the steps in VAT Online Submission direct to Revenue article to prepare your return, and then submit your VAT return through QuickBooks Online.
- Record your VAT payment/refund against the return.
- To ensure that the transactions you have created are allocated into the correct box, run the VAT Detail report (making sure you're selecting the VAT period you require) and Recent Transactions report (again, making sure you're selecting the dates matching to your intended VAT period). If the transactions match, this means that your VAT return is correct.