VAT and Journal Entries

Accounting
1

If I need to make a journal entry in a VAT and/or sales account, how does this affect the next VAT Return? Or is the VAT return made up only from sales invoices and purchase invoices?

2

Journals don’t directly affect the VAT return, as you say only sales and purchase invoices.

You could however add an adjustment directly to the VAT return before submitting.

1 Like
3

Thanks for your reply - much appreciated!

4

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