Hello there, @cascom.
I've got your back to help add new tax bills to the Tax Liability account in QuickBooks.
First, let's make sure everything is correct before you file.
- Go to Taxes, then select VAT (Take me there). Check which return is due this month, then select Prepare Return.
- Select the Accounting period, then update the End date and the Submission date.
- Review your VAT. Make sure everything is correct. If you need to add an adjustment for any entry, select Adjust.
- Take note of your total sales and purchases, the amount of VAT you owe, or you can reclaim, and the adjustment amount (if you added one). You’ll need these numbers later when you fill out your VAT return form.
- After you have done updating the details in the returns, select Mark as filed or Submit to HMRC.
- Click Continue.
Once done, we can start filing your VAT returns through MTD to HM Revenue and Customs. For more details, follow Steps 2-4 in this article: File your VAT return and record tax payments in QuickBooks.
In case you need to adjust your VAT liability using QuickBooks Online, you can review this article for details: Make VAT adjustments in QuickBooks. This guide explains what occurs after you make a VAT adjustment and key points to remember before submitting a VAT return.
Please don't hesitate to reach out if you need more clarity on how to get those new tax demands or bills added correctly. I'm always around to help guide you through any issues.
