Hello
Just noticed that I claimed VAT on an invoice dated 28/10/2015, when it should have been T9, how do I correct please
Many thanks
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Claimed VAT on an Invoice By mistake - Desperate need urgent answer
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The Secretary
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Claimed VAT on an Invoice By mistake - Desperate need urgent answer
Last edited by The Secretary on 10 Nov 2016, 10:29, edited 1 time in total.
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brucedenney
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Re: Claimed VAT on an Invoice By mistake
Reverse it on the same incorrect vat code and then correctly repost it.
Sage will un reclaim the vat on the next vat return.
Sage will un reclaim the vat on the next vat return.
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.
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The Secretary
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Re: Claimed VAT on an Invoice By mistake
Many thanks as always
Just to recap the reverse journal
4003 T1 Cr 701.11
4003 T9 Dr 701.11
and sage will unclaim the vat on the next return ?
Just to recap the reverse journal
4003 T1 Cr 701.11
4003 T9 Dr 701.11
and sage will unclaim the vat on the next return ?
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The Secretary
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- Joined: 13 Feb 2014, 22:05
- Sage Version: v12 UK/Europe/Africa
Re: Claimed VAT on an Invoice By mistake
Still struggling with, this can someone please explain step by step, was my journal entry correct
Many thanks
Many thanks
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brucedenney
- Site Admin
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- Joined: 28 Feb 2006, 09:56
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Re: Claimed VAT on an Invoice By mistake - Desperate need urgent answer
You entered the invoice as a journal? I doubt it.
I am pretty sure you would have entered it as an Invoice, you can enter a credit note to reverse it and an invoice to put it back correctly.
I am pretty sure you would have entered it as an Invoice, you can enter a credit note to reverse it and an invoice to put it back correctly.
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.
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