Reconciling VAT already paid to HMRC before using quickfile

[vsjeff]

Hi There,

I have moved my accounting (2 years ago + MTD) from an Excel sheet to Quickfile. And attached a bank account, tagged HMRC transactions etc.

Before moving to Quickfile, I have submitted 3 VAT returns, which I have paid via HMRC, hereinafter OLD VAT return

And 1 VAT return via quickfile filing (new return)

Question 1.
On my Balance sheet, the old VAT is under 2202 VAT Liability Account, despite the fact that I have tagged the transactions from the bank acct as HMRC VAT payments. I do not want to see them as assets, obviously, as they were paid for. After reading the forum I realised that there should be a way to do that using Journals.

Quickfile created a journal for my new VAT submission, and hence removed the latest VAT from assets. I realise now that I should create a journal with entries to reconcile OLD Vat. The question is:
What should be in the in the journal (which entries (codes) as credit / debit) and should the date of the journal be before I started using quickfile Vat returns ?

Could you please elaborate on the VAT journal creation as there is limited info available

Question 2

After submitting VAT return VIA quickfile, I have noticed that on my online.hmrc account I can not see the report (in the acknowledgement box), although I got an Email from HMRC vith the acknowledgement and paid the amount ( it has been a week or so). Is the report now only available for download using quickfile?

Thank you

[tommo]

Hi

2202 is a temporary account and is zeroed each time you make a VAT payment/reclaim. The journal that takes place when you submit a VAT return simply moves your purchase tax from the purchase tax control account to 2202 and the sales tax from the sales tax control account also to account 2202. The balance in 2202 is what you owe/claim. When you actually make the payment or receive the reclaim you post the bank transaction against 2202 to make it zero.

When you initially set up your opening balances on day 1 of QF you should only have put anything in 2202 if you had completed a VAT return in the old package but not yet paid/claimed the VAT.