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roryb
June 8, 2019
Question

Why does it say 'open transactions' on my Submit VAT return form? This makes my figures incorrect.

  • June 8, 2019
  • 1 reply
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1 reply

JessT
JessT
June 9, 2019

Hi there, Roryb.


The open transactions are your open bills and invoices. This will show up on your return when you change your VAT accounting scheme from VAT Cash to Accrual/Standard and you have unpaid transactions.

 

Feel free to reach out if you have other questions.

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