Sales Invoice

[ChrisD]

Help please! I raised a sales invoice in the incorrect company name and marked it as paid in my bank. However, when I try to edit the company name in maintenance it flashes up:
"Transaction has been allocated against a VAT receipt and VAT calculated, therefore this change cannot be allowed"
Any ideas as to how I can name change? I have thought about raising a credit note but this will only show as a credit on the account. If I raise a new sales invoice and credit not this will affect the sales figures???

[brucedenney]

What version of Sage 50 are you using?

In principle, it sounds like you have made 2 errors.

1/ You raised an invoice to the wrong company
2/ You recorded a bank receipt from the same company that you did not really get.

The way to correct these is to do the opposite.

1/ Raise a credit note to the same wrong company
2/ Record a bank payment to the same wrong company

In the customer ledger you need to do a bank receipt for £0 and pick up the credit note and match it to the customer payment to cancel them off against each other.
In the bank reconciliation you need to match the customer receipt against the customer payment