Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Solved! Go to Solution.
Hello Community Users, we just wanted to pop in and update this thread. If you have not done any returns in Quickbooks and you want to claim Vat for a previous period not claimed for purchases. The way to do this would be by doing an adjustment on the specific box in the prepare return section (the VAT 100)
The steps to do this are shown below however we have included a more comprehensive article on how to do VAT adjustments here .
1.Go to Taxes and click on Prepare return.
2.Click the Adjust option next to the Box you wish to adjust.
3.Enter the Adjustment amount.
4.Add a memo about the adjustment.
5.Click Save.
We'd recommend consulting HRMC to verify if you'll need to reclaim VAT on semi-annual or if it's for the first quarterly submission.
Any questions feel free to ask them on this thread.
Hello kevinneal,
Welcome to the Community - thank you for your question!
We advise that you speak to an accountant on how to do this - we are not accountant trained and so are unable to suggest how you would enter this correctly so you are able to claim the VAT back.
Thanks,
Talia
Hello Community Users, we just wanted to pop in and update this thread. If you have not done any returns in Quickbooks and you want to claim Vat for a previous period not claimed for purchases. The way to do this would be by doing an adjustment on the specific box in the prepare return section (the VAT 100)
The steps to do this are shown below however we have included a more comprehensive article on how to do VAT adjustments here .
1.Go to Taxes and click on Prepare return.
2.Click the Adjust option next to the Box you wish to adjust.
3.Enter the Adjustment amount.
4.Add a memo about the adjustment.
5.Click Save.
We'd recommend consulting HRMC to verify if you'll need to reclaim VAT on semi-annual or if it's for the first quarterly submission.
Any questions feel free to ask them on this thread.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.