I have a supplier payment in a bank feed of £92.93 that I tried to tag. The invoice from the supplier states that the VAT amount is £15.50. When tagging I change the calculated VAT amount from £15.49 to the amount on the invoice, £15.50. However, on clicking save the message below pops up.
VAT amount cannot be greater than 15.49 with the VAT rate set at 20.00%
It’s quite common the supplier invoice are a penny higher or lower of due the the VAT being calculated for each line. So can be annoying having to use a different method of entering the invoice and then tagging.
I’m aware of the workarounds as I think it may be the same issue as: VAT amount incorrect