I’m unable to insert any figures into my next VAT report. Can you help with that?
Hello @richardbrass
I had a look at the account connected to your email.
There are no invoices or payments entered onto your account.
The vat return auto populates based on the data you enter. You do not manually enter the figures into the return.
As you are on cash accounting you would need to enter an invoice and pay it off. The return would look at the payment date (the tax point) and assign the invoice values to the relevant boxes on the return.
Thanks @QFSteve, and for the quick response. That worked. Best, RB.
If QuickFile is not your primary “source of truth” for your invoices and payments, e.g. if you’re using other software to create invoices and track payments, then you should really be using the bridging module - get your other software to calculate the correct values for each of the boxes on your VAT return, then export the final return data from that software (e.g. as a CSV file) and upload it to QuickFile’s bridging module to submit the return to HMRC.
Under the Making Tax Digital rules you are not allowed to manually transcribe numbers from one place to another when preparing your VAT return - your original records of invoices, purchases and payments must be kept digitally, and there must be an unbroken chain of “digital links” from those initial digital records right through to the submitted VAT return. You are allowed to use something like a spreadsheet as part of that chain but the data must be exported from one step and imported into the next with no manual transcription or copy-and-paste.
So you could export a list of invoices from some other software into a spreadsheet, use formulas in the spreadsheet to calculate the box values from that list, then export the calculated values as CSV and upload that to QuickFile to submit via the bridging mode, but you can’t work things out on paper/Excel and then manually create a QuickFile invoice for the overall total.
Thanks for that info Ian.
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