Review and correct VAT on transactions in QuickBooks
by Intuit•1• Updated 3 weeks ago
If you've been notified that a system issue may have affected VAT calculations on some of your transactions, use the steps below to identify and correct any errors.
1. Access the Audit Log
- Open QuickBooks and select the Settings âš™ icon in the top right-hand corner of the screen.
- Under the Tools column, select Audit Log.
2. Filter the date range
- Set the date filter to your required timeframe.
- In the Events menu, select All Transactions.
3. Review the transactions
- Transactions within the timeframe you've specified will now be listed.
- Select View on each transaction to check the VAT calculation.
- The VAT amount is displayed at the bottom of the transaction summary.
- If no VAT is shown where it should be, the transaction needs to be updated.
4. Correct any missing VAT
- Select the transaction number at the top of the page to enter Edit mode.
- Ensure the Amounts are dropdown is correctly set to either Inclusive of Tax or Exclusive of Tax.
- Check each line item to confirm the correct VAT Code is selected.
- Select Save and close to recalculate the VAT and update your records.
We’re here to help
For QuickBooks Online customers, our experts are available to help. To contact us:
- Log in to your QuickBooks account.
- Open the Help (?) panel in the top right-hand corner.
- Type a keyword or select a help article, then select Contact Us.
For more options, see Get help with QuickBooks products and services.
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