Gents, I have just noticed that if a Vat return is made but a receipt is not recorded before the return it does not roll into the next Vat period and stays hidden in the paid overview albeit it with a new balance showing? What is the easiest way to resolve this and get these amounts into a return? This should be flagged by the system by returning these to the unpaid column.

Gents, I have just noticed that if a Vat return is made but a receipt is not recorded before the return it does not roll into the next Vat period and stays hidden in the paid overview albeit it with a new balance showing? What is the easiest way to resolve this and get these amounts into a return? This should be flagged by the system by returning these to the unpaid column.

1 answer

Peter Connor Staff February 12, 2016
Public

Hi Shane.
You can just delete and enter them with a new date bring them into the next tax period.

#answer-2746
  1. Not sure I quite understand...
    How do I know which payment to do and will it not screw with the bank rec?
    Shane
  2. Peter Connor February 12, 2016
    So if you've a receipt for Dec and the Vat return is done for Dec.
    Just add the receipt for Jan, as in change the date of it.
    Revenue don't care once you've paid the tax.
    Shouldn't effect the rec.
  3. Ok will give it a go, thanks.
  4. Can't edit Payment
    You cannot edit this payment as you have already filed your tax return.
  5. Is the message I get. Admin rights?
  6. I have one big one and a few small ones to fix.
  7. Is there a journal entry I could use to add to the Vat payment for january and then cancel against these outstandings instead?
  8. Peter Connor February 12, 2016
    Just mark the tax period as unpaid in Taxes and edit then mark as period as paid.
  9. Gotcha, thank you!
  10. Peter Connor February 12, 2016
    No prob.

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