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Level 2

Unassigned VAT and MTD filing

Last quarter I filed VAT via QBW Desktop and MTD for the first time. The amount due to HMRC was £5179.27. QBW zeroed the VAT Control account with a General Journal which posted the £5,750.00 of VAT owed and the £570.73 of VAT recovered. So far so good.

This quarter, the VAT Detail Report complains of that old horror, an Unassigned VAT amount,  in the sume of last quarter's VAT net payment, £5179.27. This is clearly generated by QBW's own automatic journal entry, so why it should be picked up in this fashion is a mystery. And of course worse, because the VAT100 now wants me to pay last quarter's payment over again, i.e. it reads:

VAT due                              £11,500.00
VAT reclaimed                    £ 1,126.13
Net VAT to pay                    £10,373.87
Unassigned VAT amounts -£ 5,179.27

The correct figures are:
VAT due                                  £5,750.00
VAT reclaimed                        £  555.40
Net VAT to pay                       £5,194.60
Unassigned VAT amounts    -£      0.00

Weirdly, if I proceed with the MTD filing, the VAT obligation is not the £10,373.87 shown on the VAT 100, but the correct amount of £5,194.60.

Is anyone familiar with this problem, why it exists at all after all these years of giving problems, why it hasn't been sorted in advance of MTD, and what is to be done about it before I file the return and potentially get into one of those pickles with HMRC?

Solved
Best answer 4 weeks ago

Accepted Solutions
Level 2

Re: Unassigned VAT and MTD filing

Problem seems to be data corruption. Solution is to delete  the filing journal for the last quarter and then re-file the quarter, this time not via MTD but using the manual route. Payment, if it's been made, can be reposted to the VAT bill. The unassigned VAT amount in the subsequent quarter then disappears and the VAT100 contains the true figures. Solution from QBW Desktop support. Thanks for help. CLOSED.

View solution in original post

2 REPLIES 2
Moderator

Re: Unassigned VAT and MTD filing

Hi there, pamindic.

 

We can edit the e-payments in your QuickBooks Desktop by contacting our phone support team. They have the right tools to adjust the tax liability. Here's how to contact us:

  1. Go to this site: https://help.quickbooks.intuit.com/en_GB/contact
  2. Select your desktop version.
  3. Select taxes.
  4. Click on Get Phone Number or Start a Message.

Let us know if you have other questions. We are here to help. 

Level 2

Re: Unassigned VAT and MTD filing

Problem seems to be data corruption. Solution is to delete  the filing journal for the last quarter and then re-file the quarter, this time not via MTD but using the manual route. Payment, if it's been made, can be reposted to the VAT bill. The unassigned VAT amount in the subsequent quarter then disappears and the VAT100 contains the true figures. Solution from QBW Desktop support. Thanks for help. CLOSED.

View solution in original post