Accounting for tax and VAT payments

How does QF account for any payments to HMRC? I seem to have more in my ‘system’ account than in the bank. Racking my brains to rectify it… So is it a ‘Purchase’ effectively?

Hello @TonyL

When paying HMRC, you would make a Money Out Bank entry then tag it as a Payment to HMRC.



Ah, OK! Thanks for the help.

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