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When using vat 6 (purchase non related services) and using a vat rate of 20 % the vat summary totals for sales not updated

When using vat 6 (purchase non related services) and using a vat rate of 20 % the vat Return correctly updates into boxes 1 4 6 and 7. However if you look at the current period totals tab it is o

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  • Oct 1 2023
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VAT
Implemented in version (specific) 2020 R2
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  • Dale Norris commented
    15 Jan 09:46

    Good Morning,


    Thank you for raising a Idea with us.


    Although some of the wording on the idea has been cut off, it would look like your post is in regards to boxes on the ‘Current Period Totals’ screen not matching the boxes on the ‘Current Period Return’ screen when using VAT code 6, I have done some testing at my end and can confirm that this as expected, as the ‘Current Period Totals’ looks at all transactions 'Posted' within the program broken down by VAT codes, not the amounts showing on the ‘Current Period Return’. When posting using the VAT 6 code, automatic posting are made to the VAT return to give a net effect of Zero.


    Regards

    Dale Norris

    Technical Support Consultant, Sage 200

    Office +44 (0)191 4795955


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