VAT adjustment

[Rosie]

I need to reduce my VAT payment to allow for not having claimed on petrol. However, I already reconciled the VAT for the period and have done the wizard for the VAT liability.

I know I can just claim the amount back on the VAT form itself but when I pay the cheque out against VAT liability it will show the claimed amount as a balance outstanding.

[brucedenney]

I think you need to do 2 things!

1/ Add in the VAT
2/ Do the Fuel Scale Charges Journal as only part of the VAT is reclaimable in most circumstances.

http://sage.support.makingithappen.co.uk/vatreturn.htm

If this is a small amount, you could leave it till the next return.

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Process you need you need to do is to alter the fuel invoices/expenses you entered incorrectly with no VAT so the show VAt using Error corrections.

Run the Fuel Scale Charges Wizard to do the journal

Re run the vat return in Sage.

Run the Vat Journal wizard again.

Add the 2 Sage Vat Returns together and they should match up with the balance in the Vat liability account.