Registered for VAT in April. There are pre registration purchases we want to claim the vat from. How do we get the vat return to pick up pre registration transactions?

suzie13 · ‎July 30, 2021

emmam6 · ‎March 16, 2023

Hello Community Users, Thanks for asking about adding pre-registration purchases on your first VAT return. We'd like to add clarification to the post here for future readers of the Community. In the case where it is the first return you can do an adjustment in Quickbooks in the relevant box in the return to account for the expense. You would need to create a VAT adjustment account to use for this in the chart of accounts and then go to the return and adjust the box. We'd recommend consulting with an accountant before doing this. More information on how to do a VAT adjustment can be found here

Any questions feel free to add to the thread.

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Adrian_A · ‎July 31, 2021

Hello there, suzie13.

Thank you for posting here in the Community. I'm here to lend a hand with your concern about the old purchases in QuickBooks Online.

You will need to manually enter the transactions to collect their VAT return. When doing so, you may need to record them in the same order they were created or received.

In case you need an additional reference in the future about submitting VAT return, check out this article: Submit a VAT return in QuickBooks.

I'm always around if there's anything that I can help about VAT. Keep safe!

emmam6 · ‎March 16, 2023

Hello Community Users, Thanks for asking about adding pre-registration purchases on your first VAT return. We'd like to add clarification to the post here for future readers of the Community. In the case where it is the first return you can do an adjustment in Quickbooks in the relevant box in the return to account for the expense. You would need to create a VAT adjustment account to use for this in the chart of accounts and then go to the return and adjust the box. We'd recommend consulting with an accountant before doing this. More information on how to do a VAT adjustment can be found here

Any questions feel free to add to the thread.

NCAUK · ‎October 02, 2024

Do we need to add an adjustment to box 7 with the purchase value or just box 4 for the actual vat amount? thanks

GeorgiaC · ‎October 02, 2024

Hi NCAUK, thanks for adding to this thread. We cannot advise on what amount or box you should be adjusting to. If you need any specific guidance, please contact your accountant or tax advisor for support.

If you don't already have an accountant, you can find a QuickBooks certified advisor near you on our online directory. Thanks for reaching Intuit support.

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Registered for VAT in April. There are pre registration purchases we want to claim the vat from. How do we get the vat return to pick up pre registration transactions?