Does Quickbooks handle Irish VAT "Cash Receipts Basis" correctly?

Yes. We make sure to track your VAT correctly, userjames3.

The system will record what you've entered. Let's make sure to select Cash as your Reporting method. Let me guide you with these steps:

Just a heads up, we'll have to ensure that we selected the correct QuickBooks region.

make 

1. Click the Taxes tab and then Set up GST.
2. Select a Start of tax period and a Filing frequency.
3. Select Cash as your Reporting method.
4. Enter your Business ID No.
5. Click Next.
6. Follow the on-screen instructions to successfully set up VAT.

I've also added this article for more information in setting up VAT rates: How do I set up sales GST/VAT rates and use them on forms?

Fill me in if there's anything that I can help. Keep safe!

VAT Cash receipts basis in Ireland is 

VAT on Sales calculated cash receipts

VAT on Purchases is invoice/accrual.

A mix of both.

I cannot find this option.

I'll provide details about our concern, userjames3.

Combining the cash and accrual methods in a VAT report is currently unavailable. Cash and accrual are two methods of reporting income and expenses. You will have to choose either Cash or Accrual. 

You can read this article for more information: Choose between cash and accrual accounting methods in reports.

To get both reports, you can select the export to Excel by following these steps:

1. Go to Reports on the left panel.
2. Type the VAT report you want to run.
3. Select the Report period and the Accounting method.
4. Hit the Run report button.
5. Press the Export icon and select Export to Excel.

Please see this sample screenshot for a visual reference:

You can also find other articles and guides on our general help topics page here.

Please don't hesitate to add another reply below if you still need more help with QuickBooks Online. I'm always here to help. Thanks.

Hi QB

Can you please confirm when this will be rectified to suit Irish vat reporting. 

We require to be able to select Cash basis for Sales and Acrual basis for Purchases. 

Please look at this as soon as possilbe 

Many thanks 

Thanks for joining this thread, @Sebz.

I understand how this feature is essential for you and your business. But currently, we're unable to provide the time frame as to when it will be rectified to suit Irish VAT reporting. 

Please know that you're ideas and suggestions will help us stay in tune with what our customers want and expect. Rest assured, I'll take note of your suggestions to improve your QuickBooks experience.

I would also recommend visiting our blog site. This is where we share recent happenings and future developments, such as updates to newly added features. 

Additionally, I encourage reviewing this article to help manage your reports in QuickBooks: Run reports.

As always, I'm just a post away if you have any other concerns or follow-up questions. Stay safe always.

Has this been sorted yet by quickbooks? Or is there a way to disable quickbooks calculating the vat and doing it manually? Which of course defeats the purpose of paying for an accounting software to do it for you.

Thank you for posting here in the Community, suzie737. 

Allow me some insights about calculating Vat in QuickBooks Online. 

When using the VAT item on an invoice, you'll need to manually enter the negative amount that has been calculated in QuickBooks Online.

Here's how: 

1.  Go to the Sales menu and select Products and Services. 

2. Create a new one or select Edit on an existing item.

3. Enter the product's information and under the Description field, you can enter the VAT amount you'll be adding to this item.

Aside from that, you can reach out to your account if you need further assistance in selecting what accounts to use. 

I've added a related article that you can check for future references:

• Set up and edit VAT settings, VAT codes, and VAT rates
• Customize invoices, estimates, and sales receipts in QuickBooks Online

Stay in touch with us if you need further assistance. We're always around to assist you anytime. Have a great day!