1. Country-Specific Features
  2. Philippines Help Topics
  3. Philippines Tax Topics
  4. VAT Reports - Philippines
  5. Monthly and Quarterly VAT Reports for the Philippines
  6. Philippines Quarterly VAT Form 2550Q
  7. Box 35: Output VAT on Uncollected Receivables

Box 35: Output VAT on Uncollected Receivables

Enter the VAT on receivables written off as uncollected during the quarter. This refers to the output VAT previously declared on sales that remain unpaid and are now being claimed as a deduction. Enter the amount shown in the Amount (Transaction Tax Total) field of the corresponding transaction in Box 35. For more information, see How Output VAT is Displayed in Search Results.

Customize the Philippines Recovered Uncollected Receivables saved search to display transactions marked as Bad Debt or Recovered Bad Debt. For more information, see Updating Transactions to Write-off or Recover Bad Debt and Defining a Saved Search.

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