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bethany4
Feb 7, 2021 8:31 PM UTC
Solved

My client is late filing VAT returns and we need the first return to start from November 2019. How can I change this? I can only seem to adjust the month

This is UK VAT and we have just registered for MTD for VAT
GeorgiaCAnswer
Feb 9, 2021 5:51 PM UTC

Hi bethany4,

 

The effective date will only show when switching VAT accounting schemes, instead, once you've entered all of the transactions for the period please select 'Prepare return' against the open return and change the start and end dates on the fields in the following screen - you'll then see the boxes 1-9 re-populate automatically with the transactions for that period. 

 

Please get back to us below if there are any issues!

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3 replies

ReyJohn_D
Feb 7, 2021 10:22 PM UTC

I can help you file the previous VAT returns in QuickBooks Online (QBO), @bethany4.

 

You'll need to select a VAT scheme to edit or enter a starting date of your return. I can walk you through the steps how:

 

  1. Go to the Taxes menu, and then choose VAT. 
  2. Select Edit VAT from the Edit settings drop-down.
  3. Choose November from Start calculating my VAT from drop-down list.
  4. Make sure to select the right filing frequency.
  5. Choose a VAT scheme and the correct Effective date for new scheme.
  6. Click Save. 

 

Also, please ensure to record the historical transactions dated 2019 correctly. This way, you can file your return seamlessly.

 

When you're ready, you can now submit your VAT returns. Once done, you can record your tax payments in QBO to keep your information up-to-date. 

 

Feel at ease to get back to me if you need more VAT insights. I've got your back always.

bethany4Author
Feb 9, 2021 4:12 PM UTC

Hi there

 

Thanks so much for getting back to me. I seem to be missing the Effectvie Date box (which is exactly what I need!). I only see the attached pic. Am I doing something wrong? Thanks

 

 

GeorgiaCAnswer
Feb 9, 2021 5:51 PM UTC

Hi bethany4,

 

The effective date will only show when switching VAT accounting schemes, instead, once you've entered all of the transactions for the period please select 'Prepare return' against the open return and change the start and end dates on the fields in the following screen - you'll then see the boxes 1-9 re-populate automatically with the transactions for that period. 

 

Please get back to us below if there are any issues!

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