VAT registered today - setting up/reports

Accounting
1

Hi

I have become VAT registered today under the flat rate scheme. I have set up the VAT Returns pages as per the online guide - ie Cash accounting > Flat Rate > 12%.

However, I seem to have a problem with the report running though. I have run a test using the dates 01/02/14 - 30/04/14, my first VAT return period, and for some reason it is picking up invoices I have issued on 31/01/14 and which have been or will be paid within the next 10 - 12 days. None of these invoices have VAT on them as they are prior to my registration date.

Could someone advise what I’ve done wrong or how I can take these invoices off the VAT return? I’m assuming that these should not be included in the return as they are prior to my VAT registration.

Dawn

2

you vat setting are on cash basis not accrual, so any invoice you get paid will be subject to vat report

3

But surely I am not expected to pay VAT on invoices issued prior to VAT registration?

4

No if you choose accrual basis. Yes if its cash basis

5

Okay - understand that but I am on Flat rate from today - the system won’t allow accrual system and automatically defaults to cash system.

6

you can do manual adjustment on vat return for it