Find VAT postings that have no tax (VAT Reconciliation)

Before you start

The Tax Report and the VAT Return (VAT 201) count a journal entry only when a Tax is chosen on its line. Anything posted straight to a VAT account without a tax is left out of both. This report lists those entries.

Steps

1. Open Accounting > Reports and choose VAT Reconciliation under Tax. The page title is VAT Entries Without Tax.
2. Type the From and To dates of the VAT period you are checking and press Tab after each.
3. Read the note at the top, then the list. Each line is a posted journal entry with its Date, Entry number, Kind (No tax chosen), the VAT Account, the Reference, the Label and the Amount.
4. Click an entry number to open the journal entry. Its lines have a Tax column - empty on the line that should have carried the tax.
5. Click VAT Reconciliation in the path at the top to come back. Entries counts the lines and Total (credit - debit) adds them up.
6. Click Export and choose PDF, Excel or CSV to give the list to your accountant.

What happens next

When the list only holds entries that really are settlements, run the VAT Return (VAT 201).