VAT

I keep getting the following message on my Sales Invoices activity_table_content_0_TaxSummary This is displayed in the VAT Summary box. How do i fix this? Thanks 

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I've started using QBO from 1 April and submitted first MTD return via a separate route.I now wish to align QBO to take this into account along with year end brought fwd balances, and use QBO for future MTD submissions. Can anyone advise how best to approach this please. ThanksDave

The new sync to spreadsheet is a great idea but unfortunately when I try to update the billing address it only updates the shipping address for the customer

I used MoveMyBooks (a total mess) to bring across my QB Desk Top data, but no VAT history was brought across.  I want to record a payment to HMRC for a VAT period recorded and submitted before MMB uploaded my QBDT file but there is no history at all within the TAXES Tab.  Any clues as to how to record this properly please?

Hi how do i know if a purchase has tax on it , if its not stated on the receipt?

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Changing the tax status "Inclusive / Exclusive" should change the tax and total instead of changing the products rate.

This is the same for ALL the VAT rates I'm using, across P&L, B/S, etc.  I've checked the rates, and I've checked the vat rates within transactions.  All are set to 'inclusive'.  Yet, the amounts are showing up without the VAT.Also, even if I set the VAT to exclusive, it doesn't make a difference - it still shows up as (which makes sense in this instance) exclusive.QBO personnel - please don't respond with your suggestions such as: try changing browsers, logging on/off, closing/restarting QB, am I using the correct VAT rate, all the other nonsense you guys suggest in order to pretend you've helped with a query.  

QBO people - PLEASE - no silly answers about browsers/zero-rate/logging-on&off..etc.   

I need to view all the different VAT rates. Going to 'taxes' only brings me here.What I've already tried - so please DON'T suggest: logging on and off. closing the browser and using another browser.closing QB and restarting.viewing from accountant view and normal view. Thanks for your help.

I started my QB VAT returns and accounting 01/04/2019 to comply with MTD. I've now added all invoices and bank details from 01/10/18 to 31/03/19 (01/10 is my annual accounting start date). These are now showing up as exceptions in the return for 01/04/20 to 30/06/20. The VAT returns/accounting prior to 01/04/19 was done outside quickbooks. How can I take into account the period prior to 01/04/19.I can't seem to open any tax returns for the period from 01/10/18 to 31/03/19.Any help would be appreciated.

I'm just trying to submit my Q1 2023 VAT return.I am on the fixed rate scheme. Mid quarter I lose my 1% discount for the first year. I therefore need to adjust my Box 1 and Box 6 figures. I've calculated what should be in each of these boses.When I adjust box 1:- Does the Adjustment date matter? Default is 31st March 2023 (my VAT registration date is 29th January 2022)- Tax rate I leave unchanged? The default is SS-20.0% (20%)- Adjustment account - I've no idea what to select - default is "Cash in Hand"- Adjustment amount - I imagine this is simply the correct value for Box 1 minus the default Box 1 value shownBox 6 is the one I'm getting even more confused about. HMRC website clearly states that box 6 should be shown without VAT included. I've verified this at multiple sources. However Quickbooks is showing me the value with VAT included. What am I missing?

Hi, Not sure if anyone can help with this. I switched over to using QBO for my business on 1st April 2019 for MTD, however this was midway through a VAT period. VAT periods are; Feb/Mar/AprMay/Jun/JulAug/Sep/OctNov/Dec/Jan I set the VAT start date to May as this was the next full period, and manually sent in the VAT for Feb/Mar/Apr the old fashioned way taking the data from Feb and March from my old spreadsheet and using QB to get the information needed for April. However when the direct debit payment came out of my bank in June, there was no VAT return to match the payment to. I manually assigned the payment to VAT suspense as this is where the other payments get logged to and then at the time thought nothing more of it. I am just looking at various reports for end of year as it's coming up soon and noticed that the balance sheet has incorrect figures for VAT in liabilities. Firstly, because of this payment that I have logged into VAT suspense,

I have been advised that sales from Northern Ireland company to EU consumers (ie not VAT registered companies) should be charged at 20%.  Is there a specific code in QB to record this in order that these sales are shown as EU ones?  If not, should I create one and how can this be done in a way that the total appears in correct box on VAT return.

Hi there, I am preparing my VAT return for first time in QBs and on the VAT return in BOX1 and BOX 4 I got the same negative amount under Exceptions.I checked the exceptions list and it includes both sales and purchases where I get really confused. Why would QBs add purchases in BOX1???FYI: cash basis. Please help!!! Thanks  

Hi there,We use the Vat Margin Scheme for second hand goods for some sales. To account for this, we keep a spreadsheet of such sales (originally recorded as zero rated) that tracks the additional VAT due based on the individual purchase and sale values, and this creates a liability that we then need to post to the VAT Control account. The sales are recorded initially as zero rated, but when the specific VAT liability of that sale is calculated, we need to account for the fact that the net value of the sale has reduced, with the remainder being an additional VAT liability. An example based upon an item puchased at £100 and sold at £150 would be:-- Sale recorded as £150 net value- Actual VAT Liability on second-hand scheme is £8.34 (so box 1 needs to increase by this amount)- Actual net sale amount is £141.66 (so box 6 needs to decrease by £8.34) I normally itemise each sale in the spreadsheet, which calculates the VAT liability, and the totals I journal into Quickbooks De

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Greetings! I checked the balance of the open VAT return. (Menu > Taxes). But that balance is not matched with the current balance of the VAT control account. Shouldn't both balances be equal?  Can you please anyone explain this? I appreciate any help you can provide.  

if the tier 2 team remove exceptions on vat return, is it just amount  adjustments or willthey be totally gone?

I recently had to upgrade my PC unexpectedly and have reinstalled QuickBooks Desktop 2021 (with the kind help from the support agents who told me how to perform the offline registration).  I am now trying to set up the MTD setting to allow me to file my VAT, but I keep getting a connection error when I try to 'Connect to HMRC'.  I guess this is all part of the same problem relating to the absense of Internet Explorer.  Please can somebody let me know how I can do this?

HiWhen I create a new invoice for a customer who has registered for CIS, this automatically appears under 'Activity' and 'description' on the invoice.This is great, but if I try to create the invoice from the original estimate or quotation, I have to input the CIS manually. Is there a way round this?Is there a way to get CIS automatically inputted at quote/estimate stage? Thanks in advance! 

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No return submitted & accepted by HMRC for this quarter.Not aware of clicking submit on QB    

any response please