Manually Reconcile VAT

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I've inherited the VAT return as a colleague has recently left.

I'm trying to manually reconcile my VAT return but I can't seem to get my purchases a balance. Is there anything obvious to check? 

I keep seeing posts relating to T9 transactions but I'm unsure how this work impact the return & make the figures wrong.

Any suggestions appreicated!

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  • 0
    SUGGESTED

    Hi SCH,

    Thanks for using Community Hub.

    T9 is the non-vatable tax code and normally applies to transactions outside the scope of VAT, so T9 transactions should not affect the VAT Return.

    The following article links to guides for reconciling your VAT Return, just choose the scheme that applies for your organisation: VAT Reconciliation >

    Here's a recording of a live webinar that demonstrates reconciliation that may also be of help:



    If this helps, please click Verify Answer.

    Regards,

    Andy
    Sage UKI

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  • 0
    SUGGESTED

    Hi SCH,

    Thanks for using Community Hub.

    T9 is the non-vatable tax code and normally applies to transactions outside the scope of VAT, so T9 transactions should not affect the VAT Return.

    The following article links to guides for reconciling your VAT Return, just choose the scheme that applies for your organisation: VAT Reconciliation >

    Here's a recording of a live webinar that demonstrates reconciliation that may also be of help:



    If this helps, please click Verify Answer.

    Regards,

    Andy
    Sage UKI

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