THERE ARE TWO DIFFERENT METHODS OF RETURNING VAT TO THE REVENUE :
Under the Sales Invoice Basis, VAT becomes payable to the Revenue once a sale is made/ sales invoice raised irrespective of whether or not settlement of the invoice has been received.
Under the Cash Receipts Basis, VAT only becomes payable upon receipt of cash in settlement of a sale.
If a sales invoice has been made you need not pay the VAT to the Revenue until you receive settlement of the invoice. Upon settlement, the VAT becomes payable on the amount received.
Need help? Support is available at 01 8352074 or firstname.lastname@example.org.