VAT Liability figure

[Ian_P]

I have been using Quickfile since 2017-18, and filing my VAT returns since Jan 2019, without any issues.

However, if I click on Tax Summary, on the Reprts tab, my VAT Liability is growing and growing. It does not show that any VAT Returns have been paid!

I thought that HMRC payments should be applied automatically? Do I need to enter these somewhere, to reduce the VAT Liability shown back down to zero? I am up to date and have never missed a payment.

[QFSteve]

Hello @Ian_P

When a vat return is submitted an automatic journal is processed to move the figures from the sales tax and purchase tax accounts to the vat liability for you.

You then tag the payments you make in the banking screen.

This then clears the liability.

[Ian_P]

Many thanks for your reply. TBH I haven’t been using the banking section, but have now updated so the vat liabilty is 0.