Adjustments to VAT Return figures

[abctech]

There are times when you need to make changes to the VAT Return boxes before sending the VAT Return.

In ABC to do this:
Nominal Ledger > Direct Entries > Adjust VAT

Specify which Month the adjustment is to take effect, and enter your required figures into the necessary box.
These adjustments are stored in a separate file, with full audit trail, and cannot be edited after the VAT Return has been sent.

When you go to preview the VAT Return, the adjustments are shown in a separate column.

This feature allows you to enter things like EU adjustments, and fixed percentage VAT schemes.