Probably a noob question which I can't see answered elsewhere.
I have started to use QB, with an established business - I'm entering data from 01/01/19 to get the hang of it all (we are a very small VAT registered business)
I've imported all the bank statements, and it all makes (sort of) sense. Our VAT returns are quarterly - Jan-March etc...
My problem is that in Jan 2019 we received a cheque for the Q3 2018 VAT return and in Feb 2019 we paid a VAT bill for Q4 2108.
I have no idea how to enter these two (presumably into VAT suspense account), so that it all balances out - as QB has no record of our VAT accounts prior to me first starting to use it (Q1 2019) - and so the 'Taxes' menu doesn't help me at all
As you can tell - I'm not an accountant.... basic assistance would be welcome!
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