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  1. #1
    New Member CGI Logistics's Avatar
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    Jan 2017
    Cape Town
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    Customs VAT

    Do Pastel have a specific account code for Customs VAT or should it be posted to a control account?>

  2. #2
    Platinum Member Neville Bailey's Avatar
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    Nov 2010
    Morningside, Durban
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    You must use the tax code 06 - VAT Adjustment (100%) for Customs VAT.

    Use any GL account, it doesn't matter which, because Pastel will allocate 100% of the value to the Tax Control Account.
    Neville Bailey - Pastel Accounting Consultant and Photographer
    IronTree Online Solutions
    View Neville Bailey Photography

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

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