VAT Return - Box 6 and 7 including Journals and Bank Payments and Receipts

Question

Could someone please advise me how I make changes to Journals and Payments and Receipts being pulled into my VAT Return Box 6. The turnover of the business doesn't not agree to my VAT returns because of these transactions being reported through Box 6 and 7. 
 
 I'm unsure how to change this.

Anita Harper · Answer

Journals would normally be T9 so shouldn't hit the VAT return at all. A little more detail on the problem would be helpful. Are you on on the VAT cash accounting scheme or standard accounts? Can you give an example of the items that are appearing in box 6 that shouldn't? 
 There are situations where a supplier refund appears as sales income and customer refunds appear as expenditure. Is that the kind of thing you are referring to? If so, that can be adjusted but can you say a bit more first?

Sage 50 Accounts

VAT Return - Box 6 and 7 including Journals and Bank Payments and Receipts

Top Replies

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING