VAT
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Hi,VAT monthly generally a refundCash accounting basisI tend to file my VAT shortly after the month end to receive the refund asapFor example my April VAT would be filed about 5th May.After that day I may be entering April dated invoices but as they wont be paid until later, this is not a problem.But - I get this annoying message 'This transaction might affect a VAT return you have already filed'.Can I turn this off?P
I have filed my first VAT return with QuickBooks online.I followed the instructions and printed off my report with submission date and receipt number, but when I go back into quickbooks, although it says accepted on submitted returns. I have a red alert messageUpdate your VAT accounting periodsYou have returns that need to match HMRC’s records.If I click go for it, its wants to prepare the VAt return again, slightly confused, don't want to duplicate my submission
I have a receipt with a few items on, not all are vatable how do you enter the VAT when it is not a specific percentage, i.e. its not 5 per cent or 20 per cent
I am very new to Quickbooks Online and I have an issue with the mobile app. I want to use the app for recording receipts , mostly travelling expenses but I do not understand how to input the VAT. I have entered the amount £5.49 which is inclusive of VAT so I have selected Tax is included in amounts and it calculates the VAT as £1.10. What am I doing wrong? (Should be 0.92!)
I am getting this message when I try to file my VAT Return online. I also the folowing submission failure e-mail from HMRC:Unsuccessful submission of VAT Submission online for Reference xxxxxxxxxThank you for sending in the online VAT submission to the 'TEST IN LIVE' service.The submission for reference xxxxxxxx was received on 27/05/19. Unfortunately it could not be accepted as it failed HMRC data checks.To correct this please use the help provided within the software you used to complete your form and send it again. I am using QuickBooks Premier Accountant Edition 2019 at Release R7_15 and have registered for MTD with HMRC and the last VAT return was filed online OK. I suspect the problem arises from the use of the cash accounting method where there are EU supplied services recorded (in this case an electronically supplied service). QuickBooks does give a warning message that EU supplies should be recorded using the accruals method but does permit
