Journal entries for VAT return box 4 (DLA account entry)
Question asked by Richard Cook 5 years ago
I'm scratching my head at the moment trying to see VAT from a Journal entry
I purchased an item for £49.95
I have managed to create a Journal entry between Plant & equip.. and Directors Loan Account, but how do I see/enter the £8.33 VAT in order to claim it back?
I see there is a VAT control Account, but it's a mystery..
Thanks in advance!