HELP VAT account

johnrfraser

hi,

I am currently doing a vat account but don't understand a few bits

1) when placing in the debit/credit is it the amount of vat on the transaction and not the full amount ?
2) whats is the difference between using examples someone who banks 24,00 in takings and someone who banks receipts ?
and any hints or tips for doing the vat ledger

thanks