How to Manage VAT in QuickBooks

Do you collect VAT in your business? If Yes, QuickBooks helps automate your VAT tracking so you can keep accurate records about the VAT you collect and pay.

 Note: Before you setup VAT in QuickBooks, you need to consult your accountant or government VAT agency about the rules and regulations for collecting and paying VAT in your area.

In the next few days, I will be posting some topics on how to manage VAT in your business using QuickBooks Accounting Software.

1) Click VAT at the menu bar and select ‘Manage VAT from the drop down list 

2) The VAT window interface (Manage VAT window)