To Record a Payment to the Tax Authorities

1.   From the Bank Accounts window, select the bank account you made the payment from, then click Payment.

The Bank Payment window appears.

2.   Enter your Payee (optional), Cheque Number and Date, then in the boxes provided in the transaction table, enter VAT Liability Nominal Code 2202, the full amount of the payment and the non-vatable tax code )T9 by default).

3.   To process this payment, click Save. This automatically clears the VAT Liability nominal account, ready for the start of the new VAT period.

Related Topics

To Submit Your VAT Return to the Tax Authorities

Submitting your VAT Return to the Tax Authorities

Printing the VAT Return Reports

Checking your VAT Return