Hi, I paid a VAT bill in two installments. I cant see as a result of this – how I reconcile it in Bullet. I can mark as paid, but then I cant reconcile two payments against it. Have you any suggestions how I workaround this ? Thanks,Eamonn

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Hi, I paid a VAT bill in two installments. I cant see as a result of this – how I reconcile it in Bullet. I can mark as paid, but then I cant reconcile two payments against it. Have you any suggestions how I workaround this ? Thanks,Eamonn

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Peter Connor ⋅ Staff February 5, 2017
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Hi Eamonn,
Are you getting an error when you try to match them. You should be able to rec part payments?

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  1. Eamonn22 February 5, 2017
    It tells me they don't match. The VAT return is for €8k in tax section, and I made a payment for €3k & €5k. I cant see where is the option to do part payment with this like on bills ?
  2. Peter Connor February 5, 2017
    You sure they're a perfect match, you only have a grace amount of 1€
  3. Eamonn22 February 5, 2017
    no - they're not a perfect match :( But if they were, I still cant see how I could group them.... I can do a small tweak that they are within a euro (only a few more out at the moment)
  4. Peter Connor February 5, 2017
    That's probably the issue. How far out are they?
  5. Eamonn22 February 5, 2017
    €9.26
  6. Eamonn22 February 5, 2017
    I can prob find why this is and fix it - leave it with me, and hopefully i can get them to match - thanks for your help :)
  7. Peter Connor February 5, 2017
    Sure, we don't set the 1€ rule it's a revenue one. Although it's a pain, it's good to get it sorted. Remember the idea of your accounts is that they should match your bank account.
    People want to sleep at night, so we built the product to insure that. We let you know when there is a problem and are here to confirm that and give as much guidance as possible.
    Sorry about the €9.26 it's there somewhere..
  8. Eamonn22 February 5, 2017
    no problem - I understand. I have it matching to €0.12 - and I'm still not sure how to reconcile (this is from an old period I want to tidy up...
  9. Eamonn22 February 5, 2017
    I'm trying to deduct €3,735 from the VAT bill due, and then do the same for another amount paid - but the workflow wants it to match from the single payment
  10. Peter Connor February 5, 2017
    Hi Eamonn,
    It should let you do that - let me look into that for you and I'll get back to you today.
    Pete
  11. Peter Connor February 5, 2017
    Hi Eamonn,
    So my fault with Bill's you can lodge two payments against but with tax payments you can only log one payment against it.
    You can record the payment as a single payment and then use journal entries to merge the two payments.
    We can't advise or guide you on how to use the journal entries as we're not accountants. But, it should only take an accountant a couple of minutes to complete.
    Sorry for the delay in that Eamonn.
    Thanks Pete

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