I need to change a stock asset code from 1001 to 5000 on a couple of purchases. Unfortunately it says “This transaction has been locked as it relates to a previously submitted VAT return.” I understand this can be done by rolling back the VAT however this seems a bit extreme? any help would be much…

If it doesn’t affect the VAT position then the simplest approach may just be to journal the appropriate amount across post-hoc rather than modifying the original purchases.

Thanks all for responding, I was able to use the tool that Glenn recommended. Excellent response time from support at Quickfile, and a great product! keep up the good work.

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Adjusting Stock Asset code 1001

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Glenn 27 March 2015 10:28 3

No need to rollback the VAT, you can either use a journal or recode them using the following tool.