Skip to main content

Get 50% OFF QuickBooks for 3 months*

Buy now
Switch to QuickBooks and 70% off for 3 Months
September 7, 2022
Question

Payments received from invoices are not showing on VAT report. Only expenses are showing. How can I rectify this?

  • September 7, 2022
  • 1 reply
  • 0 views
On preparing the report it is showing 0.00 on sales

1 reply

Level 6
September 7, 2022

Hi there, @laura_hodgson-ou.

 

Let me help you sort out this issue.

 

Please ensure to choose the correct VAT code  and date once you record the payment so that it will appear on your report.  Let me show you how. 

 

  1. Select + New.
  2. Choose Invoice or Send invoice.
  3. From the Customer ▼ dropdown, select a customer.
  4. Review the Invoice date. Then from the Terms ▼ dropdown, select the due date. 
  5. Enter a quantity, rate and change amount if needed. 
  6. Select a VAT rate.

 

See the screenshot below for your reference.

 

You might want to check these articles for more details about your Value Added Tax (VAT). 

 

Always swing by here if you have other questions about managing your VAT-related transactions. I'm always here to help.