We are having trouble posting transactions which relate to accommodation income for people staying longer than 28 days.
You are only supposed to pay VAT on 60% of the consideration you received. I used the correct tax type, but on the tax type report, the amount is still showing as if 100% of the amount is taxable for VAT purposes. I have found that the right amounts are shown in the box report, but my problem is that my VAT control account will not balance anymore.
Any guidance available?