Use this to preview and check your VAT Return before generating it. When you preview your VAT Return, the transactions will not be marked as being included on the Return.
Note: Do not click Produce Vat Return until you are ready to generate the final VAT Return for the period.
Open: Nominal Ledger > Period End Routines > VAT Analysis | Current Periods.
The current VAT period end date is displayed in the Period up to box.
To change this date select Utilities > Amend VAT Period End Date.
The totals for each VAT rate are displayed.
To print this report click Print.
Open: Nominal Ledger > Period End Routines > VAT Analysis | Current Period Return.
The current VAT period end date is displayed in the Period up to box.
All Vatable transactions dated up to this date are included in the VAT Return. This also includes transactions for previous periods which have not been included on any previous VAT Returns.
To change this date select Utilities > Amend VAT Period End Date.
To view the transactions that make up the totals boxes 1-9 click on the blue underlined total. The VAT Breakdown window appears.
This displays a list of the transactions that make up the VAT Return total, split by their tax code. To display the list of transactions for a particular code, select the tax code from the list in the top of the window.
To print copies of the VAT Return reports, including a copy VAT Return, click Print.
Note: This is not a finalised VAT Return. Depending on when you produce the final VAT Return for the period, the figures may change.
The following three reports are printed:
The VAT Transactions - Codes Included in the VAT Return report.
This shows a list of all the transactions whose values are included in the boxes on the preview VAT Return.
The VAT Transactions - Codes Not Included in the VAT Return report.
This shows a list of transactions not included in the VAT Return. These are excluded because the VAT code for these transactions is set up to not be included in a VAT Return, in the Accounting System Manager.
We recommend that you reconcile your VAT transactions before you produce your final VAT Return for the period.
Steps in this task
Other tasks