urshie4life
MIS
Hi,
I have a deposit transaction that we want to reconcile but the amount is vat excluding and we cannot reconcile it till the vat portion is showing. What is strange how ever is that the deposit was posted and it did update the GL with the vat correctly. But the transaction is sitting in the CashBook without vat. I have also checked the chequebook setup and it is set to vat inclusive. If I do and enquiry on the transaction it does show me the vat but as soon as I want to reconcile the transaction it does not have vat.I'm just worried if I void it, will it void the transaction with the vat portion or without the vat portion. Will it also reverse the entries correctly in the GL since the GL was updated correctly.
Is there any way to fix this?
Many Thanks ;-)
I have a deposit transaction that we want to reconcile but the amount is vat excluding and we cannot reconcile it till the vat portion is showing. What is strange how ever is that the deposit was posted and it did update the GL with the vat correctly. But the transaction is sitting in the CashBook without vat. I have also checked the chequebook setup and it is set to vat inclusive. If I do and enquiry on the transaction it does show me the vat but as soon as I want to reconcile the transaction it does not have vat.I'm just worried if I void it, will it void the transaction with the vat portion or without the vat portion. Will it also reverse the entries correctly in the GL since the GL was updated correctly.
Is there any way to fix this?
Many Thanks ;-)