I have a client who has made a number of capturing errors. The scenario can be described in the following points:
1. They are not Vat registered, but did not choose the no Vat option that Pastel provides, consequently they captured all their stock purchases with vat, so the vat control account has debit entries.
2. When capturing purchases of stock; they made 3 different errors. 1. They used the Inventory Journal to capture some of the supplier invoices. 2. When they did use the supplier invoice option in pastel, they posted to either the GL Expenses account for stationery [The business buys and sells stationery], or they posted directly to the cost of sales account. [instead of choosing the items code] and then appropriate code for a specific stock item.
So, none of the stock purchases were captured correctly. My question is this: What is the quickest method to resolve this problem??
Thanks in advance.