Problems with Sage and correcting a Posted VAT return
Posted: 19 Jan 2011, 11:53
I am hoping someone can help/advise me as need to do VAT return with HMRC very soon and I have made an error.
I was doing the VAT return via Sage and have saved, reconciled and posted an incorrect quarterly VAT return (I have identified the culprit transaction with a T0 code instead of a T9), I only realised that the figures were incorrect when filing the return with HMRC and it said figures were wrong. I do not know what to do to gain the correct figures and correct Sage, I have searched Sage to see how to undo my VAT return for this quarter and start again with no success, I am unable to put through an adjustment and do not know what to do from here as I certainly don't want to make the situation worse.
I seem to have made a right mess of this quarters VAT return and do not want to get in trouble with either my boss (for messing up his accounts) or HMRC (for fraud!!)... I am really hoping someone can help me. I am considering going back to a previous back up and starting again but I am unsure where to find these as they are saved to the hard drive on the computer and how to identify the transactions I would have to re enter after going back to a previous back up... to be honest I would even need tips on how to use a previous back up.
I have looked at the forum and have not seen a similar post so if this has been covered previously I apologise for asking again, I thank you in advance for any tips/suggestions and guidance I receive to solve my dilemma!!
I was doing the VAT return via Sage and have saved, reconciled and posted an incorrect quarterly VAT return (I have identified the culprit transaction with a T0 code instead of a T9), I only realised that the figures were incorrect when filing the return with HMRC and it said figures were wrong. I do not know what to do to gain the correct figures and correct Sage, I have searched Sage to see how to undo my VAT return for this quarter and start again with no success, I am unable to put through an adjustment and do not know what to do from here as I certainly don't want to make the situation worse.
I seem to have made a right mess of this quarters VAT return and do not want to get in trouble with either my boss (for messing up his accounts) or HMRC (for fraud!!)... I am really hoping someone can help me. I am considering going back to a previous back up and starting again but I am unsure where to find these as they are saved to the hard drive on the computer and how to identify the transactions I would have to re enter after going back to a previous back up... to be honest I would even need tips on how to use a previous back up.
I have looked at the forum and have not seen a similar post so if this has been covered previously I apologise for asking again, I thank you in advance for any tips/suggestions and guidance I receive to solve my dilemma!!
