Closing a VAT Period

You would close a VAT period at the end of a quarter before generating, then submitting your VAT return. This would be done as part of your end-of-month procedure.

Close a VAT period

1. On the Set-up menu, click VAT.
2. Click the Periods tab.
3. Scroll down to find your active VAT period. There should only be one. It will have a tick in the Active column.
4. Select the period, then clear the Active tick box.
5. Click Confirm.

Open a VAT period

6. Your should then open your next VAT period. You may need to create it first.
7. Scroll down to find the period you want to open and select it.
8. Select the VAT period's Active tick box.
9. Click Confirm.

See Also