How do I record the VAT payment to HMRC for my VAT return. I want to know which account is debited? thanks

I've got you some ways on how to record payment for VAT return, @marissa-leadersm.

QuickBooks Online tracks your payment due dates in one place so you can avoid late returns and extra fees.

Here's how you can enter this into your account:

1. Go to Taxes, then choose VAT.
2. Click Payments, then select Record Payment.
3. Choose the bank account you've used to pay HMRC.
4. Input the payment date and amount in the appropriate fields.
5. Add a memo if needed.
6. Lastly, click Save.
   
   

To know which account is debited in recording the transaction, I suggest consulting your accountant. They can provide you with the correct information to ensure your records are accurate.

In addition to that, let me share this link to help you manage VAT returns in QuickBooks Online:

• File your VAT return and record your tax payment.
• Submit a VAT return in QuickBooks Online

Keep me posted if you have other questions about VAT payments in QuickBooks. I'll be around to help you always. Have a good day!