Once the property owner is set up and a VAT Return is available to be started click Start VAT Return

The first section is the VAT Details. This is a list of transactions that are included in the VAT Return. These are split across account types (Revenue, Expenses, Assets, Equity and Liabilities) and then grouped by tax type. Individual invoices or credit notes can be opened directly from the return. 

If the owner is on an invoice basis, transactions are included based on the issue date. If the issue date of the invoice or credit note is within the VAT period, the transaction will be shown.

If the owner is on a cash/payments basis, any payments with a payment date within the VAT period will be shown. The same applies for any reversals. 

The VAT Details can be downloaded to PDF or CSV formats to be sent out for review. 

At this stage, the return is in a draft state and will remain in draft until it's finalised or cancelled. To return to a draft return, select from the return history.

Editing Invoices - Invoice Basis

If an invoice or credit note needs to be edited, select Edit. The following warning message will be displayed:

If these changes need to be included in the VAT Return, select Include Latest Changes. This refreshes the return and pulls through any changes that have been made to invoices or credit notes that are included in the return. It will also pull through any new invoices or credit notes that have been created with an issue date within the VAT period.

Next step: Finalising the VAT Return link