Hopefully just a quick one. In the banking section, when a client pays VAT owed to HMRC (for example - this could also be a refund) and you see the transaction going out of the bank, is it best to:
A). record the transaction as an expense in the VAT Suspense account, or
B). create a VAT payment in the taxes section and match the transaction to that payment?
I am looking through the books for a client and it looks like both have been done in the past.
Many thanks for help.
