Results 1 to 5 of 5

Thread: vat201

  1. #1
    New Member
    Join Date
    Oct 2016
    Location
    PAROW
    Posts
    2
    Thanks
    0
    Thanked 0 Times in 0 Posts

    vat201

    which general ledger accounts to be use for
    vat payable
    vat refund

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    21,358
    Thanks
    3,095
    Thanked 2,494 Times in 2,098 Posts
    Blog Entries
    12
    What accounting package are you using?
    The trouble with opportunity is it normally comes dressed up as work.

    Alcocks Electrical Services | Alcocks Pest Control & Entomological Services

  3. #3
    New Member
    Join Date
    Oct 2016
    Location
    PAROW
    Posts
    2
    Thanks
    0
    Thanked 0 Times in 0 Posts
    pastel accounting

  4. #4
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    21,358
    Thanks
    3,095
    Thanked 2,494 Times in 2,098 Posts
    Blog Entries
    12
    Over to you Pastel experts, then.
    The trouble with opportunity is it normally comes dressed up as work.

    Alcocks Electrical Services | Alcocks Pest Control & Entomological Services

  5. #5
    Platinum Member Mike C's Avatar
    Join Date
    Apr 2012
    Location
    Durban
    Posts
    2,450
    Thanks
    216
    Thanked 329 Times in 287 Posts
    Hi Myroonisha - when VAT is paid or refunded it normally goes through our Cash Book and is put to the VAT control account.
    An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. - Anatole France

Similar Threads

  1. [Question] VAT201 CORRECTIONS
    By Hazel1971 in forum Tax Forum
    Replies: 12
    Last Post: 28-Feb-14, 04:29 PM
  2. [Question] VAT201 Return amended - Interest and penalties Charged?
    By nichoalscfm in forum Accounting Forum
    Replies: 2
    Last Post: 04-Jan-12, 11:28 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •