MTD and VAT report

Hi rtenergyltd, thanks for posting on the Community. 

The total vat due (Box 5 - Net VAT to pay or reclaim) is the total of Box 3 (Total output tax due) minus Box 4 (VAT reclaimed in the period on purchases and other inputs (including acquisitions in Northern Ireland from EU member states). 

As you have a negative amount paid on purchases, this is calculating correctly: (£3,922.70) - (-£5,674.69) =  £9,597.390.

A negative amount in box 4 can be caused by exceptions. For example, if you've previously filed an expense transaction in QuickBooks with VAT on, and have later deleted this as it was incorrect. 

If you need any further help understanding the figures, get back to us below. :) 

Thank you for your reply. How can I change from negative to positive the amount from box 4? 

Hi rtenergyltd, are there any exceptions showing when preparing your VAT return and if so, are these genuine? If you're unsure, we'd recommend getting your bookkeeper or accountant to review your VAT return with you. 

Hi Georgia,

There is nothing showing on exception report. Have looked for any double entries in expenses  lists in Chart of Accounts. I still get minus on VAT report for spent on purchases. Don't know what type of transfer could be double enter or under what account type it may be.

Could you please help with any advise as I don't want to delete something that I actually  need.