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xyxJuliexyx
June 28, 2021
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How to post PVA VAT Statement and invoices

  • June 28, 2021
  • 1 reply
  • 0 views

Hi

 

I'm very confused and hope someone can help.

 

The PVA code is still not working for me in QB online so I've been entering Import invoices and using the RC MCCP VAT code as advised.

 

I have now got access to the PVA Statements recorded on HMRC and have a VAT Return to submit by 30th June and have no idea what I'm supposed to do.

 

Do I remove the RC MCCP  20% VAT code and use the 0% PVA code and then create another entry somehow and enter the values on the PVA Statement?  If so will this automatically allocate the VAT to the correct boxes or should I just go with the entries that have been allocated the RC MCCP 20% code as the PVA covers most of this - there are 1 or 2 invoices that aren't on the PVA Statement and I obviously need to record them but not sure how?  So confused, I'm assuming the entries that aren't on the PVA Statement are not recorded as the supplier didn't advise the carrier to allocate the VAT?

 

Any help greatly appreciated.


Thanks

Best answer by Ashleigh1

Hi Rea,

 

Thank you very much for your reply.  The issue is not that we have entered the information incorrectly.  All of the invoices were entered initially using VAT code RCC 20% as at the time, QB had not resolved the issue with the PVA VAT codes.

 

We have now changed all of the VAT codes to PVA 20%, however the information contained in the VAT return does not appear to be correct (as per the VAT return that I sent over earlier).

 

I do not really wish to have to delete and then re-enter 3 months worth of  purchase invoices. Please advise?

 

 


Hi Samjw, can you ring the support line on 0808 234 5337 so you can set up a screenshare with the agent so they can have a look into this in more detail for you if it is not showing the correct information when using the 20%PVAT code. 

1 reply

A
Ashleigh1
June 28, 2021

Hello xyxjuliexyx, 

 

Welcoem to the Communtiy page, 

 

So the RC MCCP code was to be used for the work around, so you will need to change the code back to the PVA code. So it is a case of going into each transaction and changing the code from rc mccp to the pva code. 

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xyxJuliexyxAuthor
June 28, 2021

Thank you I am aware of that, but the PVA code still doesn't work.

 

When it does work I am still unsure as to whether if I have the Customs Declaration Statements, (CDS), I need to enter invoices on QB using the PVA 20% tax code or the PVA 0% tax code and enter the amounts from the CDS elsewhere and if so where and how so it shows correctly on the VAT Return?

 

 

M
mv32
June 28, 2021

Let me help enter invoices using the PVA tax codes, @xyxJuliexyx.

 

Make sure to set up the VAT codes and rates properly and use the PV Accounting codes in the VAT return.

 

On the other hand, to give you more details about the different VAT codes that are available in the system together with their posting on your return, please scan through these links:

 

 

Know that the Community got you covered if there's anything else you need. We're always here o help. Have a lovely day!

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