cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
vjg1924
Level 1

We are a retail shop and use an electronic cash register. in QB we use Sales Receipt to capture the daily takings. Is this compliant with MTD digital chain?

 
Solved
Best answer March 06, 2019

Accepted Solutions
TaliaI
QuickBooks Team

We are a retail shop and use an electronic cash register. in QB we use Sales Receipt to capture the daily takings. Is this compliant with MTD digital chain?

Hello vjg1924,

 

That is correct - your VAT will be worked out through the VAT code you are using on your sales receipts.

 

Thanks,

 

Talia

View solution in original post

3 REPLIES 3
EdwardR
QuickBooks Team

We are a retail shop and use an electronic cash register. in QB we use Sales Receipt to capture the daily takings. Is this compliant with MTD digital chain?

Hi vjg1924 thanks for posting on Community.

 

If you are using one of our small business products, not the Self Employed product, you will be able to submit your VAT return to HMRC therefore being MTD compliant.

 

 

 

vjg1924
Level 1

We are a retail shop and use an electronic cash register. in QB we use Sales Receipt to capture the daily takings. Is this compliant with MTD digital chain?

Thank u.

We are using QB Essentials online.

So if we use QB Sales Receipts I don't have to worry about importing the sales data from my Cash Till.

Is this correct?

TaliaI
QuickBooks Team

We are a retail shop and use an electronic cash register. in QB we use Sales Receipt to capture the daily takings. Is this compliant with MTD digital chain?

Hello vjg1924,

 

That is correct - your VAT will be worked out through the VAT code you are using on your sales receipts.

 

Thanks,

 

Talia

Need to get in touch?

Contact us