Unpaid sales invoices being included in cash accounting VAT return
I am reaching out to solve an issue I have with unpaid sales invoices being included in the VAT return for this quarter. Method of accounting is cash, the invoices are unpaid, no cash has been received for the settlement of the invoices - logic dictates that this is not yet a sale so should not be included in box 6 of VAT return. I have recently taken over the role and believe some errors in previous transaction recording exist.
Unpaid sales invoices being included in cash accounting VAT return
Hi Georgia,
I have resolved the issue. In Account settings my accounting method was setup as cash. However you also have to do this on the Taxes page> Edit Vat>Edit Setting>Cash.
Unpaid sales invoices being included in cash accounting VAT return
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Unpaid sales invoices being included in cash accounting VAT return
Hi Georgia,
I have resolved the issue. In Account settings my accounting method was setup as cash. However you also have to do this on the Taxes page> Edit Vat>Edit Setting>Cash.
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