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K
katie-leak-berry
March 18, 2022
Solved

Can a supplier invoice date be added, instead of payment date as sometimes an invoice isn't paid in the same month it is raised - therefore the vat claim is wrong month?

  • March 18, 2022
  • 1 reply
  • 0 views
Do you ignore the fact it says payment date and then put in the invoice date, ie an invoice dated January, and then paid in February, do you enter this as a January invoice? If entered for the February payment date, then the vat will be claimed in the wrong month. But then when you look at the supplier, the only column showing is the payment date which won't be correct either, for the above scenario. What do other people do please?
Best answer by katie-leak-berry

I've found the answer now!

1 reply

K
katie-leak-berryAuthorAnswer
March 18, 2022

I've found the answer now!

S
SG216
October 25, 2022

I have the same question, could you please let me know what the answer is. Thank you

C
CharleneMaeF
October 25, 2022

I'd be glad to show you, SG216.

 

Since the VAT will reflect upon creating the bill, let's modify the date in the bill payment and use the bill date. Here's how:

 

  1. List the bill date.
  2. Go to + New menu and then select Pay bills.
  3. Select the transaction you'd like to pay.
  4. On the Payment date field, add the bill date.
  5. Enter the other necessary details to complete the transaction.
  6. Once done, click on Save and close.

 

For more details about tracking bills and recording payments, please see this article: Record Business Expense.

 

If you plan to bill your customers in the future, I'd recommend checking out this article for the detailed steps: Enter Billable Expenses.

 

Please keep us posted if you need additional assistance managing your expense transactions in QuickBooks Online. We want to make sure your record is accurate.

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