Preparing Your Data for a VAT Return

Preparing Your Data for a VAT Return

Overview  

This video shows you how to get your data ready prior to submitting a VAT return. Step by Step instructions can be found below the video.


Steps 

1. In Accounts, click on Tax Register.
2. Green Select all items in the grid.
3. Use the Actions menu to Exclude Selected Items.
4. All lines will now highlight in purple indicating they will not be included in the tax return.
5. To select the items to be included in the Tax Return, use the Actions menu to Include by Date.
6.  Set the date range for the transactions to be included.
7. Check that the transactions you want to include have turned grey in the grid.
8. To check the totals, use the Filters button to turn off the Show All option.
9. The Tax Return is now ready to submit.



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