VAT Return & RC Sales List

This form is accessed from the System Manager - VAT Processing menu.

The VAT Return form is used to print your VAT Return and the Reverse Charge Sales List (RCSL) for a selected period. You can also reprint an earlier VAT Return and RCSL.

Box

Description

VAT Period Start and End Date

The start date is automatically set to the first day of the current VAT period (the day after the last day of the previous VAT period).

The end date defaults to either:

  • the last day of the previous month, or

  • today's date if the Opera date is the last day of the month.

Commit VAT & Reverse Charge Data

You can also commit a VAT Return, which means that no other transactions will be included in the selected period. If any transactions are posted with a tax point date that falls in a previously committed VAT period, they will be marked as exceptions and included in the next VAT period.

VAT Return

Select to include VAT Return transactions for the chosen VAT period.

RCSL

The Reverse Charge Sales List lists the transactions that are subject to the reverse charge accounting provision. Select the Create HMRC Upload File option to create a file in an approved format to upload to the HMRC web site at www.hmrc.gov.uk/online/existing.htm.