VAT unreconciled transactions
Posted: 22 Feb 2017, 09:17
When I took over the job, there were some 3000 VAT unreconciled transactions on Sage. I have limited experience dealing with this and need some help how to deal with these. Program in use is Sage 50 essentials v23.
Files were imported at some stage to this version of Sage from a previous version. The date modified for Sage.usr file is 15/04/2015, which suggests this is the date the files were imported (according to Sage support adviser).
Transaction dates are as old as 2010. First VAT return on this current version of Sage is July-September 2015. We have physical records of VAT returns dating back to 2010, albeit some periods are missing from the folder.
I'm wondering if most of these transactions were left unreconciled when the files were imported. I'm looking for a quick way to understand what has most likely gone wrong, without going through each and every transaction yet at this stage. Any ideas to help or where to get started?
Files were imported at some stage to this version of Sage from a previous version. The date modified for Sage.usr file is 15/04/2015, which suggests this is the date the files were imported (according to Sage support adviser).
Transaction dates are as old as 2010. First VAT return on this current version of Sage is July-September 2015. We have physical records of VAT returns dating back to 2010, albeit some periods are missing from the folder.
I'm wondering if most of these transactions were left unreconciled when the files were imported. I'm looking for a quick way to understand what has most likely gone wrong, without going through each and every transaction yet at this stage. Any ideas to help or where to get started?