VAT control account

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:32AM in AAT student discussion
Does anyone have an example of a VAT control account and what appears on it at all as the one in my text book is'nt that great

thanks in advance

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:VAT control account

    Hi Lyn.

    You will have input VAT and output VAT - the difference is your tax liability.

    Scott.

Categories

Privacy Policy