VAT
Posted: 20 Jan 2014, 12:13
My nominal ledger history balance does not match my Vat return please help
Can you be a bit more explicit.
The nominal ledger history would not always match the VAT return under normal circumstances.
There could be future dated transactions.
The issue could be that the previous VAT journal had not been done, someone might have done a journal that was incorrect, you might have forgotten to reconcile the previous vat return and so on.
You need to be specific about the issue, Are you looking at the nominal balances of the control account, the liability account?