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05/24/2012 at 04:51PM PDT
Important Announcement! A planned system-wide upgrade will take place over the Memorial Day Weekend in the US (From Thurs, May 24, 2012 at 6 pm PDT thru Tues, May 29, 2012 at 5 am PDT). This includes QuickBooks, QuickBooks Payroll, Point of Sale, & Salesforce.com. This is only for US based products. This does not affect QuickBooks Online customers! During this time, you can shop, but can’t place orders online, activate products or update account info. We apologize for the inconvenience & thank you for patience while we improve our infrastructure to better serve you. International versions are unaffected. For more info, see our community discussion.
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02/03/12 3:57am PST
Viewed by asker 03/16/12 5:54am PDT

Guide to VAT and VAT accounts on QB

QuickBooks UK : Pro 2012

is there a straightforward guide to managing vat on quickbooks that I can look at? I'm confused by the number of VAT accounts available to me!

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02/03/12 4:07am PST

Read the changing vat to 20% at the top of teh Vat forum and it will help.

Why do you have several vat accounts, is this because you have upgraded from older pre 2008 versions. As this can give you Vat control & Vat liability.

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yes, it's an upgraded version, I have control and liability, so should I just delete one? And if so, which?

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Which one has most transactions (I guess its Vat control) and when did you upgrade as this is a bit tricky, if you have used both.

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