Question asked by Alistair Wood 10 years ago
Just wondering the best way to handle this, I have some staff expense claims which are prior to the last vat return and should result in vat reclaim. If I put them through with the dates as on the receipts they will be in a period prior to current vat period. What's the best way to handle this? Put them in with a date in the current vat period?
Hi Alistair,
You may want to confirm this with an accountant, however I would always enter these expenses with the dates on the receipt. When creating a new VAT return you can select the check box to include late invoices. These expenses will then be pulled through to the current VAT return despite having dates within the previous quarter.
Best answerOk thanks, I had noticed that option so will go with that. I've got the vat return monthly and they fall into the same financial year so should have no material effect on the Year end figures so think it will be ok from accounting perspective.
Excellent - no problem Alistair. If you have any problems when processing just let me know.
You must 