VAT on Paypal Sales

Most of my sales are from Paypal and imported using the feed. This works OK.

However, I just noticed that none of my transactions are including VAT. I subsequently changed the setting in the feed. I then deleted a tag, retagged, and now VAT is being accounted for. That deals with all the future transactions.

However, in this VAT quarter I’ve got hundreds of Paypal sales (not so in previous quarters where most items were expenditures). To resolve this I’m thinking one of the following would work…

  1. Detag every Paypal Sales transaction, and bulk retag?
  2. Delete every Paypal Sales transaction, and just input one total amount, and tag the single transaction?

Could you advise on the way forward please?

Cheers

Chris

Actually, I just untagged and retagged everything. New invoices were created but I just deleted them all. Seems OK.

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