Vat journal

[Citygirl]

Good evening,

I hope you can assist. I had a Vat refund due for my 201508 submission but was informed by Sars to upload some documentation.

Well eventually they came back this week they are going to refund but not as per my submission.

Let say the refund was supposed to be 15,000 zar and the statement of account I received this week states the refund payable to us is 10,000 zar. After I uploaded the docs they found that I made a mistake with a dhl vat & duties invoice I claimed more than I
was suppose to hence they are only going to refund the 10,000 zar.

I just would like to know how to go about the journal since my vat recons shows the 15 instead 10k refund. Since the 5k difference is no longer Vat a should be allocated to freight cost how do I do the journal. I tried but it d no allow me to use t 06 vat code in journals.

Sorry for the long post and typing errors I typed via my cellphone.

Thanking you in advance
Citygirl

[Mike C]

I would say that you take the 5,000 out of your VAT control account and put it into your Freight Cost using the 00 VAT code on both items.

[Citygirl]

Thank you so much Mike C.