At the end of last year, we missed some payments into our previous accounts package, Sage; the money was accounted for as Foreign Sales. I have been advised that on Sage, we would raise an internal credit note to cancel the invoice as these don’t affect the VAT (preventing the Credit appearing in Box 6 - i think).
Does anyone know how I should do this in Quickfile? I tried to raise a Credit Note to and post it to an new Sale Account Code (to make things easy for the accountant later) but it doesn’t show as an option in the drop down.
In short, I need to credit the invoice for the books but not mess up the VAT.