How to correct Record a VAT Payment

Forum|Forum|4 years ago
December 8, 2021
2 replies
4 views

Hello,

When we recorded the VAT payment in the last period, the wrong bank account was used. This has now caused a bank rec issue.

Can the Record a VAT Payment be corrected? Are we able to delete and re-record this?

Thanks and Regards

QuickBooks Online

Best answer by Chariot4info

Yes you can delete incorrect VAT payments.

Navigate to the VAT section under Taxes.
You should see a title next to returns called Payments. click on Payments to view.
on the selected payment, under Actions click the dropdown and select delete.
You can then return the the returns section and record the payment correctly.

Chariot4infoAnswer

Yes you can delete incorrect VAT payments.

Navigate to the VAT section under Taxes.
You should see a title next to returns called Payments. click on Payments to view.
on the selected payment, under Actions click the dropdown and select delete.
You can then return the the returns section and record the payment correctly.

agamsAuthor

Thanks. This has worked

paul72

Level 6

VAT Payments are an anomaly (it may also happen for PAYE/NIC Liability Payments but I don't use QB for payroll so am not sure).

Any standard payment (bill payment or expense) can simply be edited if there's an error but VAT Payment must be deleted & re-entered.

If I remember correctly, it doesn't help that the VAT Payment screen doesn't recall the previously used account but defaults the first account alphabetically.

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