VAT ON PURCHASE IS THIS SHOWN ON LIABILITIES SIDE OF BALANCE SHEET

Hello there, Mahboob. I hope you're good today.

Yes, VAT on the purchase order shows on the liabilities side of the Balance Sheet report. The VAT will be added to the transaction when you create one.

You can check the value in the VAT field. See the sample screenshot:

As we can see on the report, there's a VAT Payable line where the VAT is listed specifically. In the Total Accounts Payable line, the amount showing is the total amount of the item, including value-added tax.

Feel free to check these additional resources in your free time. Also, I'm including about handling reports in QuickBooks Online:

• VAT Feature Update FAQ. 
• Learn how to get the most out of your financial reports. 
• Memorise reports. 

If you have other questions about QuickBooks or need further clarification with the report, please let me know. You can post again anytime. Take care and stay safe always.