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Thread: Excel spreadsheet for VAT reconciliation

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    Excel spreadsheet for VAT reconciliation

    I am looking for an excel spreadsheet to use to recon my VAT for the year... anyone have anything like this?

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    Gold Member Sparks's Avatar
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    Hi, very simple to make. Excell is extremely user friendly. Draw one up with the help of the "help" files. Just a few basic functions which you will quickly get to know inserted on your template and away you go. If you mail me a rough draft of what you want with fictitious accounts I could throw it together for you. Just me details of how you want to read/print it as well. Weekly/monthly/quarterly ....

    Why not use your current accounting program?
    I doubt it will not have something for it.

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    Silver Member geraldenek's Avatar
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    Are you looking for a spreadsheet for a VAT201 reconciliation or for a VAT control account reconciliation?

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    I am using Pastel, I unfortunately do not know all the ins and outs and sadly cant afford to pay for the maintenance contract with pastel hence them not being able to help me. The bank that finances us does 3 monthly audits and they have requested an excel reconciliation of each account, including VAT. They want monthly and yearly I am pretty new to this so dont even know where to start. I am sitting with study manuals trying to make heads or tails but am getting quite frustrated.... guess a couple of months and all will fall in place.

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    I am looking for both, our auditors want me to do an excel spreadsheet showing that all my VAT balances. I printed everything from Pastel but just dont know how to put into excel or how to show the layout....

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    Platinum Member Neville Bailey's Avatar
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    Quote Originally Posted by JaunetteK View Post
    I am using Pastel, I unfortunately do not know all the ins and outs and sadly cant afford to pay for the maintenance contract with pastel hence them not being able to help me.
    Perhaps I can assist you with getting to grips with Pastel? Obviously you will need to weigh up the difference between paying for Pastel Cover and my fees.

    I'm not sure how much you know and don't know, so I can't even give you a quote at this stage. Drop me an email, if you want, explaining exactly what you need training on, and I will see what I can offer...
    Neville Bailey - Pastel Accounting Consultant and Photographer
    neville@accountingsoftwaresupport.co.za
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    Email problem Mike Simmonds's Avatar
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    If your Auditors are asking for it they should have a template for you, or at least it should be part of their audit process, otherwise what exactly are you paying them for? However I have a reconciliation that I have been using for the last ten years in Excel, this is a very useful tool as most accounting software packages only report on the 2 months or 1 month that you pull for the report. They do not allow for prior period adjustments and processing that does have an effect on the VAT liability. Unfortunately I am new to the forum so I have no idea of how to email this to you or attach it somewhere.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by Mike Simmonds View Post
    Unfortunately I am new to the forum so I have no idea of how to email this to you or attach it somewhere.
    Hopefully this will help.
    The trouble with opportunity is it normally comes dressed up as work.

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    mrs J K

    Quote Originally Posted by Mike Simmonds View Post
    If your Auditors are asking for it they should have a template for you, or at least it should be part of their audit process, otherwise what exactly are you paying them for? However I have a reconciliation that I have been using for the last ten years in Excel, this is a very useful tool as most accounting software packages only report on the 2 months or 1 month that you pull for the report. They do not allow for prior period adjustments and processing that does have an effect on the VAT liability. Unfortunately I am new to the forum so I have no idea of how to email this to you or attach it somewhere.
    thanks, I agree that if they want it they should give me the format but guess life is not so simple... you can email me on jan@batres.co.za thanks a ton and the forum is great you going to enjoy it

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    Email problem Mike Simmonds's Avatar
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    Quote Originally Posted by Dave A View Post
    Thanks Dave, I am giving it a try.

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