Modifying a locked invoice due to wrong VAT

Accounting
1

Hi,

I have just realised that invoices paid to one supplier had VAT in the amount (however, we had zero rated them). We are going back just over a year where we need to now reclaim back this additional VAT that we paid.

How do we go about doing this?

2

Hello @dipens

You would open the original invoice and raise a credit/refund.

You can the re issue the invoice correctly.

On the next return both transactions would then be picked up to correct the figures HMRC holds.