Changes without VAT rollback

How-to
1

Had an auto tag issue meaning that a few monthly transactions in the wife’s accounts were posted to “expenses” directly from the bank account rather than to the DL account to be split up. Since this covers 3 VAT periods I am reluctant to roll back to unlock then re-submit as none of the values will change just the posting location. Easier way round it?

Thanks!
Paul

2

Hi @Paul

What expense code have they gone to?

If they have been posted to another code in the same range as the DLA (0001 - 2999), then you should be able to move the transactions through the chart of accounts.

However, if they’re in a different range, this won’t be possible. In this case, providing they don’t have any VAT or anything else tied to them (which I assume they don’t given they were posted directly to a nominal code), then a journal to move the entries should work.

Does that make sense?

3

Thanks for the help…
They are debits from the bank acc, miss- tagged to Misc expenses 6900. Basically I want them to be a transfer from the DL account instead and then I can make the corresponding split entries in the DL acc.
It’s on Flat rate VAT hence no VAT impact. BUT - we just changed to Cash accounting for VAT and changed the VAT periods - hence being reluctant to mess with re-submitting 3 VAT returns!
Is there a way to undo, fix, then re-do the vat returns and mark them as sent (so QF thinks they have been!) but not actually re-send them?

4

There’s no need to touch the VAT returns. This can be solved with a journal to move the allocations from Misc Expenses (6900) to your DLA (1201). Once in the DLA you can split as needed.

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You can either create individual journals for each respective transaction, or simply lump them all together on a single journal and set the date to correspond with the last incorrect tagging you made.

Hope that helps!

5

Thanks! That sorted it. Just out of interest could I have used the “move to new code” and done them in bulk?

6

Move to new code only works within the same category of nominals, so you can’t use it to move something from 6xxx to 12xx

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