VAT accumulating instead of showing separate quarterly info
QuickBooks UKRecently upgraded from 2008 to 2010 and my VAT is now accumulating instead of showing separate information for each quarter. Anyone know how to fix this.
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02/09/12 4:44am PST
Viewed by asker 02/22/12 2:35am PST
Viewed by asker 02/22/12 2:35am PST
2 Replies
mollcons
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Questions answered: 1699
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AllStar UK
Advisory council of community power users within the UK.
Allstar
Advisory council of community power users.
ProAdvisor UK
Members of the QuickBooks ProAdvisor Program
02/09/12 3:19pm PST
The solution
You should use the File VAT option. This will zero the quarterly liabilities in the VAT control account.
Chris Jones
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