Hi just setting up QF, I have imported by TB from month 11 end of May that was when I submitted my last VAT return, and have added my June transactions manually there’s not many. Only issue I have now is my TB bought over an OB on the VAT sales control account, when I run the VAT return it doesn’t pull this figure in only the new added sales invoices. So I have the VAT OB to pay, but cant seem to record it on the VAT return, can I manually edit the VAT return to add the OB value to the sales tax ?
You can make manual adjustments to any of the boxes with the little arrow icon next to the box. Any adjustments that affect the VAT payable will put the contra entry in the “manual adjustments” nominal so you’ll then need another journal to move that to the right place.
This topic was automatically closed after 7 days. New replies are no longer allowed.