Hi
Just wanted to open the discussion and wasn’t sure if you can view my records - I find it difficult to explain this concisely in words.
I made some corrections recently to adjust VAT for recharged expenses. As I have evolved with QF I haven’t used the built-in rebilled expenses feature - my expenses aren’t always one-for-one and my client wanted it all on one invoice, so I did it manually once and just continued. Anyhow, I’ve only just realised that my VAT returns have been overstated because recharged expenses were not offset from sales. No problem I should have realised earlier.
So I made some GJ adjustments to Sales Tax Control Account, VAT Liability, Flat Rate VAT Sales (another complication!) etc. And now my accounts reflect the correct totals including a VAT refund due.
So - all the above for context - I don’t even know if its related to the issue at hand.
The issue is: when I review the VAT return for next quarter (31 Jan) - the sales reported are about 10x what they should be (c£716k - wow but sadly not true!) - this exceeds the total sales I have ever entered in 3+ years.
I can just make manual adjustments to get by, but thought I’d better report it in case I have inadvertently messed things up and was only getting myself in deeper and needed rescuing!
regards