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PaulBIre
Level 2
posted
‎November 22, 2023 09:17 AM
last updated ‎November 22, 2023 9:17 AM

Postponed VAT Accounting

Hello,

My company is based in Ireland.  There is no default VAT code for postponed VAT accounting on the Quickbooks Online system.  I can see on other discussion threads that there is a "PVAT" code in Quickbooks in the UK, but nothing shows on my version.

 

Please advise.

 

Thanks for your help.

 

Paul 

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2 Comments 2
JamaicaA
QuickBooks Team
QuickBooks Team
‎November 22, 2023 03:13 PM

Postponed VAT Accounting

Good day, @Paul. I'm here to clarify why the PVAT code is unavailable in Ireland.

 

QuickBooks Online in the UK is different from Ireland. The VAT codes depend on the region. For instance, IRE has the default RCS, while the UK has the PVAT.

 

Here's an article that can guide you with tracking: How do I set up sales GST/VAT rates and use them on forms? (International QBO)

 

To learn more about the recent changes, refer to this article: VAT Feature Update FAQ

 

If you have any other VAT concerns, feel free to post them below. I'll be happy to help you. Have a great day!

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PaulBIre
Level 2
‎December 12, 2023 07:29 AM

Postponed VAT Accounting

Hi JamicaA,

Thanks for your reply.  I'll review and see if it answers my questions.

Regards,

Paul

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