> Settings_and_Tools / VAT_Preferences / VAT Verification Settings / VAT Verification Settings - Journals

VAT Verification Settings - Journal transactions where the Tax Code is not selected as non-vatable

This shows journal entries that use a tax code which isn't the non-vatable Tax Code.

If the tax codes are correct

You can ignore this warning, click Close then check any other warnings in the Verification results summary or to continue with your VAT Return, click Close again.

If the non-vatable tax code is incorrect

You can change this within Settings > Company Preferences > VAT. Find out more

If the tax codes are incorrect

Close the VAT Return and reverse the journals.

You can do this by posting the opposite journals within Company > Nominal Ledger > Journal Entry. For full details about how to reverse journals, please refer to Ask Sage article 14002.

Once you have amended the tax code or reversed the journals you must then recalculate the VAT Return to update the values.

To review Ask Sage, Business Advice and Health and Safety advice, go here. All contact details for Sage are available from here.

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