Losing faith how do I set up vat on quick books

Hello there, brettjee72.

I can see how important to set up VAT correctly in your book and ensure your data will be managed accurately. I'm here to help you do it, so you can track VAT from your customers and assign them to the items. 

The steps below will guide you through the complete steps:

1. Log in to your QBO account.
2. Go to the Taxes menu.
3. Within the VAT tab, click Set up VAT.
4. Or, go to Get things done and select Set up VAT in QuickBooks.
5. Select the month you need to start calculating VAT from.
6. Select your filing frequency for VAT. This is how often you will submit VAT returns to HMRC.
7. Choose your accounting method.
8. Enter your VAT registration number.
9. Click OK.

Once done, we can follow these steps to add a tax rate and apply this to your transaction.

1. Still, go to Taxes and select Add Tax.
2. Select Tax rate.
3. Enter all the information you need. Then, hit Save.

Here's how we can apply the tax rate:

1. Create a transaction, like invoice.
2. In the VAT column, click VAT drop-down arrow and select the appropriate tax rate.
3. Click Save.

I've gathered some resources about managing tax rate:

• Use the VAT feature in QuickBooks Online.
• MTD for VAT return submission checklist for small businesses. 

Please let me know if you have more concerns about VAT and anything else related to QuickBooks.