I am trying to file my January-April return. I have inputted all of the sales. we are finding that because the payment date term is 30 days that when for example we go to submit the third month of every period is always in the 4th month. IE all of March’s sales are not included in the return becasuse they being filed under April. How do we resolve this other that changing the payment dates manually?
Thanks
Tony
What VAT scheme are you on? One scheme includes your invoiced amount, the other includes cash in the bank.
The scenario you describe sounds like you have your vat settings set to cash accounting. If you change it to accrual which is what your after, you will have to make an adjustment because you will have some invoices already submitted by payment date and some not.
However you have a bigger issue which is, if you really have a 4 month return (Jan to April) you won’t be able to file it as its not the end of April yet.
However I’m guessing you actually meant Jan to March with an April deadline. In which case you can file it.
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