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Create a VAT Return

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Summary

How to create a VAT Return in Sage Accounting.

Description

If you're registered for VAT, you must create and submit a VAT Return to Revenue. Use Sage Accounting to produce the VAT Return and submit it through the Revenue Online Service (ROS).

NOTE:

Once you mark the VAT Return as submitted in Sage, you can't make any changes. If adjustments

Before you start

If this is your first time creating a VAT Return in Sage Accounting, make sure you set up VAT. In preparation for marking your VAT Return as submitted:

Resolution

Create your VAT Return

  1. Go to Reports, then select VAT returns.
  2. Select Create VAT Return.
  3. Use the date boxes to set the date range for your return.
  4. Select Calculate.
  5. If prompted with transactions before the current VAT period, select View Previous Transactions.
    ▼ Decide how to handle these transactions
    • Now: Include them on this return
    • Later: Wait to decide, we'll prompt you again on your next return
    • Never: Exclude them from all future returns if you've already submitted them to HMRC through another system
  6. Review the figures in each box, use the Detailed Report for more information.
  7. Select Adjust on the relevant box to increase or decrease the figure.

If you're not ready to submit the VAT Return, select Save this return and submit it later. This saves the return as a Draft, so you can come back to it when you're ready. You'll find it on the VAT Return List.

We also mark the related transactions as included in a VAT Return. This stops you editing or deleting them by mistake.

Submit your VAT Return

Log into revenue.ie and enter the figures. In Sage, select Mark as submitted and then Save.

Once you’re ready to do so, you can record VAT payments or refunds from Revenue as appropriate.

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