VAT Reclamation
I was just wondering if VAT is posted to a suspense VAT account (awaiting a VAT receipt before a journal being done to debit the normal VAT account) should the journal posting be dated the date of the original posting to the suspense account, the date of the VAT invoice or can it just be the date you are posting it i.e Today's date?
0
Comments
-
We use the VAT date, which is usually the date of the invoice, unless it's in the previous period and the previous period has already been closed, in which case we pick the first of the month and make sure that it states it relates to the previous period.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 325 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 202 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership