VAT records

See VAT charged on sales and paid on purchases. A record, not a return.

Open Reports and pick a period.
Read Charged, the VAT on what customers paid.
Read Paid on purchases, the VAT you entered on expenses.
Read Difference.

The VAT section of the Reports screen with VAT charged, VAT paid on purchases and the difference

It's a record, not a return. Nothing is filed with any tax authority.

How it's counted

A part-paid invoice counts only the VAT on what was paid. Half paid is half the VAT.
An invoice with VAT switched off adds no VAT.
On an expense, press Add VAT and enter the VAT from the receipt.

Tip The Statement PDF carries the same VAT figures for the period.

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