How to do a VAT Return in Xero
XU Solutions
0:00 / 0:00
How to do a VAT Return in Xero
52 943 просмотра · 7 лет назад
XU Solutions
11,2 тыс. подписчиков
52 943 просмотра · 7 лет назад
In this video I show you how to do a VAT return in Xero.
It’s not just 5 clicks, you also need to do some checking before you submit the return.
I show you step by step how to do these.
The example in this video is for the Accrual/Standard VAT scheme
2019 UPDATE
The Xero menus have been updated since this video was recorded.
To access Financial Settings from the Dashboard you now choose:
Accounting
Advanced
Financial Settings
To access the VAT Return from the Dashboard you now choose:
Accounting
Reports
Tax - VAT Return
To access the Trial Balance Report from the Dashboard you now choose:
Accounting
Reports
Accounting - Trial Balance
In the UK you also need to be aware of the new rules for Making Tax Digital.
You can read everything you need to know here
https://www.xero.com/uk/resources/mak...