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joanne naji
May 10, 2022
Question

cash accounting

  • May 10, 2022
  • 1 reply
  • 0 views

Hello

 

Weve just moved to cash vat returns and i have noticed invoices are been added to the sales figures. 

 

Qb said I need to make an adjustment on the return to remove these balances out but i don't feel comfortable having to do this each quarter.

 

thanks

 

 

 

1 reply

G
GeorgiaC
May 10, 2022

Hi Joanne, thanks for your post 🙂 - you would not need to enter an adjustment each quarter, are the invoices showing on the return marked as paid or dated prior to the effective date for the new scheme? 

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