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AGB20
Level 1

Is there any way to backdate the overall books to the business start date? (less than 1 year)

 
Solved
Best answer May 02, 2021

Accepted Solutions
Angelyn_T
QuickBooks Team

Is there any way to backdate the overall books to the business start date? (less than 1 year)

Thank you for getting back, @AGB20.

 

Yes, you can access QuickBooks Self-Employed through your laptop. However, I recommend using a supported browser to get the Tax profile option as suggested by Jen_D above. I'll guide you how.

 

  1. Open this link using a web browser: https://uk.selfemployed.intuit.com/login.
  2. Input your login credentials to open your file.
  3. From the QuickBooks dashboard, go to the Gear icon.
  4. Click on Tax profile under Taxes.

 

For more tips about handling your books in QuickBooks Self-Employed, you can check out the topics from this link: QuickBooks help articles, video tutorials, and more.

 

We can see this post has been tagged as the Self Employed product but if you are using Quickbooks Online instead let us know and we'll advise on the options.

 

 

 

If you have any other follow-up questions, please let me know by adding a comment below. I'm more than happy to help. Have a good one!

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5 REPLIES 5
EmmaM
QuickBooks Team

Is there any way to backdate the overall books to the business start date? (less than 1 year)

Hello AGB20, Are you referring to opening balances or banking transactyions?

AGB20
Level 1

Is there any way to backdate the overall books to the business start date? (less than 1 year)

Hi Emma, 

 

We recently signed up to quickbooks, and initially put the start date as 1st April, but is it possible to change this to when the business started last August? 
We are about to register for VAT and this would make things far easier to have full business accounts in one place. 

 

Thanks, 

 

Erin 

Jen_D
Moderator

Is there any way to backdate the overall books to the business start date? (less than 1 year)

Thanks for posting here again, @AGB20,

 

Making sure the correct self-employment start date is essential for reporting and tax purposesThis is because transactions before your self-employment date will be ignored in your Self-Assessment Summary.

 

Before anything else, can you please confirm if you already have created self-employment transactions in the program? This will help me further with your concern.

 

If you haven't yet, you can still go back to your Tax Profile to edit this. To go to your Tax Profile page, select  Gear User-added image> Tax Profile.
User-added image

 

Update any information that needs to be corrected therein.

 

Kindly post here some updates so I can help you further. All the best!

AGB20
Level 1

Is there any way to backdate the overall books to the business start date? (less than 1 year)

Hi Jenna, Thanks for your reply - I can't seem to access a tax profile, it isn't coming up as an option on the account.

Registered for self-employment at start of August 2020 and have already submitted our first tax return before getting quickbooks. 

I often use the programme on the laptop rather than the app, and log in using the quickbooks online option, is that correct? 

 

Thanks, 

Erin 

Angelyn_T
QuickBooks Team

Is there any way to backdate the overall books to the business start date? (less than 1 year)

Thank you for getting back, @AGB20.

 

Yes, you can access QuickBooks Self-Employed through your laptop. However, I recommend using a supported browser to get the Tax profile option as suggested by Jen_D above. I'll guide you how.

 

  1. Open this link using a web browser: https://uk.selfemployed.intuit.com/login.
  2. Input your login credentials to open your file.
  3. From the QuickBooks dashboard, go to the Gear icon.
  4. Click on Tax profile under Taxes.

 

For more tips about handling your books in QuickBooks Self-Employed, you can check out the topics from this link: QuickBooks help articles, video tutorials, and more.

 

We can see this post has been tagged as the Self Employed product but if you are using Quickbooks Online instead let us know and we'll advise on the options.

 

 

 

If you have any other follow-up questions, please let me know by adding a comment below. I'm more than happy to help. Have a good one!

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