How to Submit a VAT Return in Sage Intacct
VAT returns can be submitted directly within Sage Intacct, enabling you to handle compliance with ease.
In this tip of the week, we’ll show you how to submit a VAT return in Sage Intacct step-by-step.
Important: Before beginning your VAT submission in Sage Intacct, close the books and make sure you’re at the top level.
Navigate to: Taxes > All > Tax submissions
Press ‘New tax submission’.
Enter a name for the submission. We advise you follow a naming convention to make it easier if you need to revisit any submissions in the future. For example, ‘April – June 2025’.
Then select the tax solution from the dropdown, enter your VAT registration number and click ‘Prepare tax data’.
Enter your email address and click ‘Continue’.
You’ll receive an email when everything is ready.
Now enter the credentials of your tax return, select the relevant open obligation period from the dropdown and click ‘Create tax return’.
Check the files to make sure everything is correct.
You’ll be alerted if there are any eligible transactions from the last period that you can include in this tax return.
Export the reports, make any adjustments and then when you’re happy with everything, click ‘Submit’ to send it to HMRC.
Make any manual adjustment journal entries, VAT liability journal entries and update the submission overview with your working out and reasons behind any adjustments.
This ensures that auditors or HMRC can understand any adjustments that have been made.
For further assistance with VAT submissions in Sage Intacct, contact sagesupport@pkfscs.co.uk.
To stay in the loop, make sure you’re following us on LinkedIn and Facebook!
If there’s anything you would like to see featured as a Tip of the Week, please email sagemarketing@pkfscs.co.uk.
