I bought a new van and paid deposit of £20000 which included vat of £6399. how do i enter this into accounts showing that amount of vat as not matched to vat rates

Good day, castlelocks.

When recording payments with VAT, you'll want to create an Expense or Cheque transaction. The steps are outlined below:

1. Choose the New (+) icon.
2. Pick either Expense or Cheque.
3. Select the VAT agency from the Payee drop-down.
4. Enter the necessary information.
5. In the Category details section, choose Taxes Paid account for the Category, Description, Amount, then select No VAT for the VAT column.
6. Click Save and close.

I've added these references for more information:

• Record a VAT payment or refund [Video]
• Submit a VAT return in QuickBooks Online

In case you want a reference with VAT processing in QBO, check our Resource page through this link: VAT for QBO United Kingdom.

If you have other questions on future tasks, feel free to access our Help Articles.

Keep in touch for more questions about managing VAT information. I've got your back. Have a good day.