How to correct incorrect tagging?

Support
1

I have spotted an incorrect tagging of a payment 2 VAT quarters ago - so I cannot de-tag as the VAT quarter is closed - see details below. Please advise how to best correct this.

On 1/10/15 Credit Card account transaction : Debit £50 in Credit Card account to customer EE (deposit). QuickFile automatically generated an invoice #QF00096 and the payment was tagged to this. This is correct.

On 4/10/15 Current account transaction : Debit £50 in current account, which should have been tagged to the Credit Card account as a transfer, but instead was tagged as a payment on account to EE.

My VAT return is correct, but my current and credit card accounts in QuickFile are wrong as the result of my incorrect tagging.

I would be grateful for some guidance as I want to close the accounts for the year. Thank you.

2

You could locate that payment on account and refund it back to the bank for exactly the same date, thus reversing the original £50 Debit. Then add another £50 debit and tag it as a transfer to the credit card account.

3

Perfect - it worked a treat. Many thanks for the excellent, fast support

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