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Good Day,
I have just started doing the books for my company past 3 months, they purchased a vehicle in February and it seems they did not claim the VAT as this is sitting in the vat control account, I have checked the VAT report and cannot see this amount - could they have put this money in the VAT control account in order to bring into the books to be brought into account for the next VAT period - I am quite new to pastel and bookkeeping so any advice would help.
Thank you
I have just started doing the books for my company past 3 months, they purchased a vehicle in February and it seems they did not claim the VAT as this is sitting in the vat control account, I have checked the VAT report and cannot see this amount - could they have put this money in the VAT control account in order to bring into the books to be brought into account for the next VAT period - I am quite new to pastel and bookkeeping so any advice would help.
Thank you