VAT unreconciled transactions from previous qtr due to n/c code change

Question

I submitted my 1 st VAT rtn last quarter and ready to complete 2nd one, I changed an N/C code on one transactions which was already submitted in 1 st rtn so now it is flagging up listing the 2 transactions asking do I want to include or ignore these earlier unreconciled transactions? Do i include or ignore please?

Andy Rickeard · Answer

Hi Sue,

Thanks for using Community Hub.

The two transactions represent the correction, and they cancel each other out, so you can opt to include them in the VAT Return as they will have no overall impact on the Return.

if this helps, please click Verify Answer.

Regards,

Andy
Sage UK

Sage 50 Accounts

VAT unreconciled transactions from previous qtr due to n/c code change

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