"Not reccommended as using VAT Cash Accounting means that the contra entry uses a different tax code and the contra entry would exclude the transaction from the VAT retrun"
What is the best way to proceed?
Many Thanks in advance.
Contra Entry
-
coolchill32
Contra Entry
Hi Please can somebody advise on the following, I am using VAT Cash Accounting but need to make a contra entry where I have a customer who is also a supplier. When I try to go through the contra entry process I get a warning message that says something like:
"Not reccommended as using VAT Cash Accounting means that the contra entry uses a different tax code and the contra entry would exclude the transaction from the VAT retrun"
What is the best way to proceed?
Many Thanks in advance.
"Not reccommended as using VAT Cash Accounting means that the contra entry uses a different tax code and the contra entry would exclude the transaction from the VAT retrun"
What is the best way to proceed?
Many Thanks in advance.
-
brucedenney
- Site Admin
- Posts: 4633
- Joined: 28 Feb 2006, 09:56
- Sage Version: v28 UK/Europe/Africa
I use the petty cash acocunt, pay them in "cash" and then receive "cash" from them.
Works a charm.
Works a charm.
For just about anything Sage :- Discount subscriptions, pay-as-you-go support, application integration, reports, layouts, linked excel spreadsheets, analysis or any other help making life with sage easier/less time consuming Contact me.
Who is online
Users browsing this forum: No registered users and 2 guests