Hi there, I need an erroneous payment to an invoice reversed

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Hi there, I need an erroneous payment to an invoice reversed

  1. nickmorahan October 18, 2015
    I received a payment last week for an invoice that was originally due in April and the payment defaulted to the April date, VAT has already been submitted and paid for for that period. Accountant says this is the best way, VAT liability for this payment is the September period, not April

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Peter Connor ⋅ Staff October 18, 2015
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Hi Nick,
There is no way to reverse that payment using Bullet’s workflows.
You’ll need to do the following.

  1. Contact your accountant 
  2. Get them to update your VAT return and resubmit it. 
  3. They can edit Bullet using the journal entres. 

If you hadn’t had submitted your VAT return could simply market VAT period as “unpaid”, and deleted the payment and/or issued a credit note. 
But with the VAT return submitted you’ll need to resubmit the VAT return and edit your accounts. 
Tks
Pete

#answer-2072
  1. nickmorahan October 18, 2015
    Hi Peter, thanks for all your help so far, but I am afraid that that is insane
  2. nickmorahan October 18, 2015
    All I am asking for is a simple database date change... the payment liability is this month, not april
  3. Peter Connor October 18, 2015
    Hi Nick,
    Take what advice you accountant is giving you. He can make any amendment he/she wants to Bullet using our double entry system.

    The workflows are designed for the most common activities in accounts. This isn't one of them.
    They'll find the tools in "Accountant & Reporting Tools".
    Tks
  4. nickmorahan October 18, 2015
    Hi Peter... OK, I think I'm all right here actually... Here's what I did:
  5. nickmorahan October 18, 2015
    I marked the april VAT return as unpaid
  6. nickmorahan October 18, 2015
    Then deleted the payment with the wrong date from the invoice
  7. nickmorahan October 18, 2015
    Then marked the VAT in April as paid and re-submitted the invoice payment with the correct date...
  8. nickmorahan October 18, 2015
    Think we are all good...
  9. nickmorahan October 18, 2015
    thanks again for your help
  10. Peter Connor October 18, 2015
    If your accountant is happy with that then that's great.
    If you changed the totals during a paid VAT period then you need to resubmit that return.
    Tks. P
  11. nickmorahan October 18, 2015
    My system reflects what was paid for the April return, so yes, I think we are good...!
  12. nickmorahan October 18, 2015
    was wrecking my head that..., but all good now - ta...!

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