VAT
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John Holt
What VAT code should be used for this? I believe that I need to charge 20% VAT on invoices to Republic of Ireland customers as they are private individuals and not VAT registered companies but can't see what code would allow me to record this to be correctly picked up for VAT return
Hi my country I actually Vat register but I dont have the option to put VAT in my quickbook so I create a tax vat for sales but for my supplier I can't put the vat can you help me pleaseThanks Matthieu
Hi Team, May client was recently registered for VAT and her first VAT return is for the period 25 March 2021 to 30 April 2021. Then the following returns will be quarterly. If I select "March" from Start calculating my VAT from dropdown and choose quarterly for the frequency, QuickBooks will automatically show the VAT period 01 March 2021 to 31 May 2021. However as mentioned, my client's VAT period is different from that. Please can you kindly advise how to specifically select the start and end date of VAT period. Thank you.
I have incorrectly allocated a VAT payment to the cash account instead of bank account. I have tried to edit the transaction but it will not allow me to do this. Could anyone advise what action I should take to correct this please. thanks
Hi, I have just moved my charity organisation from Desktop to online. VAT is now showing on this account, it was not an option upon setup, or I would have clicked it !How do I remove this from the Invoice Template, I can manage using 'No Vat' within transactions but it is unacceptable having a Vat Registration xxxxx on my Invoices.I'm really frustrated as some blogs on here you are saying 'you set it up and it can not be reversed' This is not the case at all, it is an automatic activation that should be able to be turned off.Please advice.
We purchased some goods from China for $4655,21 US dollars and paid in GBP, the exchange rate was 1.344 so paid £3463.70. For the PVAT system we used the RC MCCP code and it showed the VAT at £692.74 (as the PVA code isn't working yet) However when we got the statement in from HMRC amount of VAT shown was £705.99. Is this due to the difference in the exchange rate of when we paid for the goods being different when the goods came into the country. If so do we need to alter anything? This is all new so just a little confused
How do I set up the account with three cost of sales centres, the same three revenue centres but common overheads
Hello, I am due to submit a VAT return (submitted several before). When I click on VAT all I get is a spinning green wheel that never loads. I can see figures in the background but nothing happens Can anyone help?
Hi there,I am about to do my first VAT return using Quickbooks. I have entered all my invoices, and came across invoices that should have been included in the previous quarter (which was done off quickbooks). I have entered these invoices onto quickbooks, but because they are dated in the previous quarter, they are not being pulled into the current quarter vat return. Can anyone point me in the right direction?
My Client has not filed vat since July 20 QE.I have set up MTD. Before client was using conventional method which is no more available as signed up for MTd. Now want to file on QB from May 20-July 20. When selecting start of period it gives option of May 21-July 21. How can we fix this. Please advise. regards Shaheen
