UK VAT Return Options

Use these fields to enter the output criteria for the UK VAT Return tax file that you are creating.

Field	Description
Report in	This field applies if you use multiple currencies. From the drop-down list, select the type of currency in which to display net amounts, tax basis amounts, and tax amounts in the file. Options are: Transaction Currency: When you choose this option, the amounts in the tax file are in the currency that is associated with the individual transactions. Use the Currency field to indicate whether you want to include all currencies or only selected currencies. The transactions in the file are limited to those with the specified transaction currencies. Functional Currency: When you choose this option, the amounts in the tax file are in the functional currency of the active company. Tax Currency: When you choose this option, the amounts in the tax file are in the currency that is specified for the tax code on the Tax Codes form in Settings > Accounting > Taxes. Normally, this is the currency in which the tax is reported and paid to the taxing authority.
Currency	If you use multiple currencies and you select Transaction Currency in the Report in field, use this field to indicate whether you want to include all currencies or only selected currencies. Transactions in the file are limited to those with the specified transaction currencies. Use the Currency lookup to select the currencies.

Selections Section

The selections that you make here determine the transactions that are included in the tax file.

Field	Description
Use Originating Vendor	This check box applies only if the Enable Originating Vendor for Employee Expenses and AP Vouchers option is selected on the Tax Auditing tab in Settings > Accounting > Company. Select this check box to generate the tax file based on the originating vendors rather than the real vendors entered for the transactions. Any tax data for the real vendors will instead be applied to the originating vendor that is associated with the transaction. (The Originating Vendor feature is an optional feature that allows you to enter originating vendors for line items for accounts payable vouchers, accounts payable disbursements, and employee expenses that are entered in the Transaction Center, and for expense reports that are entered in Time & Expense.)
Vendor	Select this check box to include tax data for accounts payable/vendor transactions in the file. Use the Vendor lookup to select one or more vendors to include in the file. If you check the box and do not make a selection, all vendors will be included in the file.
Employee	Select this check box to include tax data for employee expense and expense report transactions in the file. Use the Employee lookup to select one or more employees to include in the file. If you check the box and do not make a selection, all employees will be included in the file.
Project	Select this check box to include tax data for a project's invoice transactions in the tax file. Use the Project lookup to select one or more projects whose associated billing clients you want to include in the file. If you check the box and do not make a selection, all projects will be included in the file.