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FormerMember

Claim VAT on unpaid supplier invoices

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Posted By FormerMember

Cannot get through to Sage Support so can anyone help me?

How can I claim VAT on unpaid supplier invoices?

I have a creditor who gives 3 months credit on invoices so I should be able to claim the VAT before the invoice is paid.

Just new to Sage and cannot find out how to do this.

Thanks,

Mark

  • 0
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    Hi Mark

    Thanks for using Sage City. I’m sorry for the delay in my reply, we’ve currently transitioned to a new system and are catching up with answering outstanding queries.

     

    The VAT is claimed in accordance with the VAT scheme you operate.

    Invoice based (Standard) – the VAT is claimed based on the date of the invoice.

    Cash Based – The VAT is claimed on the date of payment.

    Check with the HMRC that you can claim the VAT outside of these normal scheme rules, If you can then you can adjust the boxes on the VAT return.

     

    Regards

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