Input Payments different to VAT Report

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1

Hi Quickfile

I started using Quickfile from 01/01/19 so looking to use this for MTD.

I have always used my own spreadsheets so running this alongside for at least my first return. My return ending 31/03/19 is now ready to send.

My spreadsheet figures for input sales agree with the quickfile payments total Jan-Mar however when creating the VAT report for the same period there is a difference both on the VAT due and total of sales ex VAT of £442.35 inc VAT

Please help

Regards

Peter

2

Hi Peter

Welcome to QuickFile :slight_smile:

At the bottom of the VAT return, you can download a list of calculations. This will show you what we’ve included to calculate the figures in the return itself. I would in the first instance check these.

Also check your settings, for example your scheme (accrual or accounting) and whether you have flat rate enabled.

3

Hi Matthew

Almost resolved….Although the VAT return start date showed 01/01/19 and correct when viewing the VAT report, the VAT settings had the start date was 10/01/19.

I adjusted this to the start of the year and the figures are closer.

However they are still out by £82.06. So I searched and found a payment that appears in the payment received window but does not appear in the VAT report downloaded calculations.

This payment sits inside the VAT period and after and before other payments.

4

What date is the payment? Are you on cash or accrual accounting for VAT?

5

The payment is 08/01/19

There is one accounted for on 03/01/19 and shows in the VAT report, so strange why the £82.06 from 08/01/19 is not.

I am cash accounting.

I was thinking maybe untag the bank payment and/or deleting the payment/invoice then recreate the entry to see if it carries it to the VAT report.

6

Hi @PJ1

Let me send you a private message and we’ll take a look for you. Keep an eye out for a green notification in the top right corner.

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