I have a VAT return in the suspense account as it was filed before we went to MTD. it is marked as filed as per the QB instructions. What is the journal to get rid of it?

Hi annie.davies,

Have you already recorded the payment for this filing in QuickBooks?

To clear the VAT suspense account you can record the payment directly against the return by going to Taxes > Record payment in the action column. Alternately you can record an expense for the payment and choose the VAT suspense account under the category drop-down on the category details line, this will reduce the amount in the VAT suspense account.

Thanks