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Post Info TOPIC: Flat rate gain in Quickbooks 2013 - how do I write the journal ?


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Flat rate gain in Quickbooks 2013 - how do I write the journal ?
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Hi,

Can anyone please tell me how to write a journal in Quickbooks 2013 to allow for flat rate gains or losses before finalising the Vat in Quickbooks 2013 ?

 

i currently write up the books in Quickbooks 2013 in the normal way but my client has now gone onto the the flat rate scheme and therefore I need to write a journal to adjust the Vat figure on the returns to allow for any losses or gains before finalising at the end of each quarter.    

I intend to continue to write the books up as before and hopefully continue to adjust  the Vat at the end of each quarter.

Hopefully somebody on here can assist.

 

many thanks

 



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