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pam54a
Level 1

Unpaid sales invoices being included in cash accounting VAT return

I am reaching out to solve an issue I have with unpaid sales invoices being included in the VAT return for this quarter.  Method of accounting is cash, the invoices are unpaid, no cash has been received for the settlement of the invoices - logic dictates that this is not yet a sale so should not be included in box 6 of VAT return.  I have recently taken over the role and believe some errors in previous transaction recording exist.  

 

Sorted it myself .....

5 REPLIES 5
GeorgiaC
QuickBooks Team

Unpaid sales invoices being included in cash accounting VAT return

Hi pam54a, thanks for joining us here on the Community and updating to confirm you've resolved this, if you do need any help please reach back out below or via our support channels here. 🙂

Ian60
Level 1

Unpaid sales invoices being included in cash accounting VAT return

Hi pam54a, how did you resolve this as i'm having the same issue??

 

Thanks

Ian

GeorgiaC
QuickBooks Team

Unpaid sales invoices being included in cash accounting VAT return

Hi Ian, 

 

Thanks for joining this post 🙂

 

Is the invoice showing as open and unpaid on the system, do you have any credits applied to this?


Does the accounting method show set to cash when going to the Cog > Account & settings > Advanced > Accounting? 

 

 

Ian60
Level 1

Unpaid sales invoices being included in cash accounting VAT return

Hi Georgia,

I have resolved the issue.  In Account settings my accounting method was setup as cash.  However you also have to do this on the Taxes page> Edit Vat>Edit Setting>Cash.

 

All good now thanks

GeorgiaC
QuickBooks Team

Unpaid sales invoices being included in cash accounting VAT return

Hi Ian, thats great, thanks for getting back to me with that tip & for confirming this is corrected now 🤗 

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