From the Periods tab, you can:
- Create new VAT periods;
- Edit existing VAT periods;
- Close your old VAT period and open the next;
- Print or display a VAT Report;
- Make a VAT return using ECI's Making Tax Digital Portal;
- Generate and submit a VAT return to HMRC with a direct digital link.
FAQ
What happens if I create a transaction dated in a closed VAT period?
If you post a transaction to a closed VAT period, then it will be included in the next open VAT period.
What happens if I add a transaction dated in a VAT period I’ve already submitted?
Once a VAT return for a period is submitted to HMRC, it cannot be resubmitted. Submitted periods should not be reopened.
See Also
