Vat reconciliation

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  • gidalene@gmail.com
    Junior Member
    • Feb 2015
    • 11

    #1

    Vat reconciliation

    Hi

    Please help me

    What general ledger accounts should balance to my Tax box report in order to check if my tax is correct before submitting via efiling?

    Regards
  • Mike C
    Diamond Member

    • Apr 2012
    • 2891

    #2
    Your VAT/TAX Control account - usually 9500/000
    No act of kindness, no matter how small, is ever wasted. - Aesop "The Lion and the Mouse"

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    • gidalene@gmail.com
      Junior Member
      • Feb 2015
      • 11

      #3
      Thank you Mike C

      Any other accounts like GL Ledger and Sales ledger?

      Comment

      • Mike C
        Diamond Member

        • Apr 2012
        • 2891

        #4
        That should be adequate unless you are needing to check the Zero-Rated or Exempt or Capital Goods entries.

        In that instance I would recommend going to View/General Ledger/Transactions/Entry Type Detail and print it to a Spreadsheet. Sort according to Tax Code and do your calculations from there.
        No act of kindness, no matter how small, is ever wasted. - Aesop "The Lion and the Mouse"

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