Question asked by Ross Mason 11 years ago
I've just paid my corporation tax from my previous accounting period but when I import the payments from my bank statement to the "Corporation tax" account the amount in that account increases rather than being cleared back to zero.
I'm not sure if I'm doing something wrong but as my accountant has been no help I thought I'd ask on here.
Thanks.
You should first be creating a bill to the supplier HMRC Corporation Tax dated the final day of your accounting period then paying the bill like you would any other bill.
Best answerHi Ross,
It looks like this has happened because you both created a journal and explained the payments individually. Therefore, I would recommend that you delete the journal and then re explain the two transactions. This should then mean that they are added correctly.
If you need anything further, please let me know.
Chris
You should first be creating a bill to the supplier HMRC Corporation Tax dated the final day of your accounting period then paying the bill like you would any other bill.
Best answerPS if you accountant is of no help perhaps you should look for one who is ;-)
Sorry, couldn't resist....
Thanks chaps.
As I only have the "Entry" version of clearbooks Kevin, I couldn't find a way create a bill - all i could do was edit or cancel the journal which is where I got stuck. So I cancelled it then imported the statement back in and set invoice date to the end of the last accounting period.
That'll do the job!
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