VAT return not catching all bills when trying to prepare it
I am currently trying to prepare the latest VAT return and when I am reviewing the detail of the return, I noticed that a number of bills within the period are not being included. I have checked to be sure they are dated within the period and they are still not showing up. Why is this?
VAT return not catching all bills when trying to prepare it
Hi A-12345
Are they just having standard 20% VAT codes on them?
The other thing that comes to mind, without knowing more; is that you could have your VAT set to cash accounting and cash basis tax; This would account for them now showing up, but only if the bills were unpaid.
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