Record an HMRC VAT refund

If you receive a VAT refund payment from HMRC:

  1. Go to Bank (take to there in the app).

  2. On the required bank, select View / Add.

  3. Enter the transaction Date.

  4. From the Code list, select VAT control account.

  5. Enter a Comment for the transaction.

  6. Enter the refund value in In (Inc VAT).

  7. From the VAT rate list, select N/A.

  8. Select + to add the transaction.