Hi I am no Accountant and am trying to understand how the system works.
1- I am going through my year end and noticed that around 2 of my invoices are not getting included
2- They are tagged using a pre-payment on the account
Can you clarify how I can ensure that this is included in my return
Hello @Asmaa
Are you on cash or accrual accounting?
Is your query relating towards a VAT return, or the year end process?
Our accountant normally helps with the year end basically its my VAT return I want to check that everything is included
we are cash accounting
As you’re on cash accounting, the payment would have been included on the prepayment date rather than the date the invoice was paid.
If you download the backing report (using the Download Calculations button at the bottom), you should see an entry moving the balance from prepayments to the invoice itself.
Thank you that at least makes me understand
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