Which expense category should I use for our Quarterly VAT payment to HMRC? Should it be 'VAT control' or 'VAT suspense'? We pay our PAYE annually so it isn't that.
Thanks
Which expense category should I use for our Quarterly VAT payment to HMRC? Should it be 'VAT control' or 'VAT suspense'? We pay our PAYE annually so it isn't that.
Thanks
Which expense category should I use for our Quarterly VAT payment to HMRC? Should it be 'VAT control' or 'VAT suspense'? We pay our PAYE annually so it isn't that.
Thanks
Hi sarah64
You should ideally use the make payment option within the Taxes section however if you do not wish to use this it will be the VAT suspense account that you use when manually creating the expense to HMRC.
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