Hello Dave
Thanks for joining the Community.
Once Making Tax Digital is enabled, you'll be prompted to 'Take action' on your VAT dashboard to mark as filed any VAT returns in QuickBooks which have already been received by HMRC. Doing so will open your next VAT period in QuickBooks which you can submit electronically. If you've not set up VAT yet, you can do so by following the steps below:
1. Go to Taxes and select Set up VAT.
2. Choose the month you need to start calculating VAT from.
3. Select the filing frequency.
4. Choose the VAT accounting period.
5. Enter your 9-digit VAT registration number.
6. If applicable, select the Flat Rate Scheme (FRS) checkbox, then enter the percentage and registration date.
7. Select Next, then select OK.
QuickBooks calculates your VAT based on the VAT codes entered on your transactions. Opening balances for accounts can be entered using a journal entry - if you're unsure how to record this, we'd recommend reaching out to your bookkeeper or accountant for support. :)
