Getting Started - Register Unpaid VAT
Question asked by Matthew Walker 8 years ago
Hi,
I've been trying to setup clearbooks, and I'm having trouble setting up so VAT shows correctly.
I have an outstanding invoice amount for £10,200.09 which I register against a Debtor, which in turn calculates £1,377.01 of owed VAT - that's fine. But the total unpaid amount of VAT from that period is £3,199.51, so I need to register an additional £1,822.50 which I can't figure out how to do? I thought to register against HMRC has a creditor, but that just paid off the VAT due.
I also want to register outstanding expenses owed to myself from my previous accounting year - how do I do this?
Thanks for any help.
Cheers