Hope someone can help me
I have some old VAT transactions from 2009 that I cannot reconcile, it says no transactions for that period, I think I may have forgotten to do the year end in 2009
i hope someone out there can help me
Need more, need help now?
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
HELP WITH CLEARING VAT TRANSACTIONS
-
budgie1979
- User
- Posts: 1
- Joined: 18 Apr 2011, 17:58
- Sage Version: v2008 14 UK/Europe/Africa
HELP WITH CLEARING VAT TRANSACTIONS
Hi
Hope someone can help me
I have some old VAT transactions from 2009 that I cannot reconcile, it says no transactions for that period, I think I may have forgotten to do the year end in 2009
i hope someone out there can help me
Hope someone can help me
I have some old VAT transactions from 2009 that I cannot reconcile, it says no transactions for that period, I think I may have forgotten to do the year end in 2009
i hope someone out there can help me
-
leyburnsolutions
- User
- Posts: 132
- Joined: 14 Apr 2011, 18:02
- Sage Version: v2014 20 UK/Europe/Africa
Re: HELP WITH CLEARING VAT TRANSACTIONS
Not running a year end wouldn't affect the reconciliation.
If you go to Company -> Financials and have a look at any of these transactions, what appears in the 'VAT' column?
John
If you go to Company -> Financials and have a look at any of these transactions, what appears in the 'VAT' column?
John
-
brucedenney
- Site Admin
- Posts: 4664
- Joined: 28 Feb 2006, 09:56
- Sage Version: v30 UK/Europe/Africa
Re: HELP WITH CLEARING VAT TRANSACTIONS
I suspect the transactions are reconciled or do need to be.
If you look in the Audit Trail at those transactions, do they have an N in the VAT column?
The main legitimate but strange reason for very old transactions being retained in Sage is because they are not part of a completely paid chain. If customers just top up their accounts and never completely pay them, then you end up with huge long chains of transactions with no neat ends that can be finished off and removed. So whilst the transaction is paid, the transaction that paid it is part allocated to something that is part paid and so on ending up in a loose end as a result of which the whole chain is retained.
If you look in the Audit Trail at those transactions, do they have an N in the VAT column?
The main legitimate but strange reason for very old transactions being retained in Sage is because they are not part of a completely paid chain. If customers just top up their accounts and never completely pay them, then you end up with huge long chains of transactions with no neat ends that can be finished off and removed. So whilst the transaction is paid, the transaction that paid it is part allocated to something that is part paid and so on ending up in a loose end as a result of which the whole chain is retained.
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 1 guest