Removing transaction from previous vat period

Hi, I have a transaction way bak in ay that was incorrectly entered and I wish to dlete it, it formed part of a Vat return and was taged. I have tried to untag it, and to delete it in both cases the sytem won’t do it, and indicates that I can’t because it is in a vat period. I have scanned the support forum and it looks as though Ishould be able to do it by ensuring auto tagging is off, andbu deleting the journal for that vat period … which I have done, but no success , anyadvice appreciated

Hello @hoodji

Once a transaction is included in a vat return it is locked as it has been reported to HMRC.

You would be best reversing the transaction.

For example if it was a sales invoice which has been paid you would do the below
Open the invoice > More Options > Credit Note > Save and refund (on the same day it was paid).

  • The credit reverses the effects of the invoice (to sales and client account)
  • The refund reverses the payment (on the client and the bank)
  • The credit note/refund would then be picked up on your next return (reversing what was reported to HMRC)

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