Do Pastel have a specific account code for Customs VAT or should it be posted to a control account?>
Do Pastel have a specific account code for Customs VAT or should it be posted to a control account?>
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 - Sage Pastel Accounting Consultant
neville@accountingsoftwaresupport.co.za
IronTree Online Solutions
"Give every person more in use value than you take from them in cash value."
WALLACE WATTLES (1860-1911)
Posting Permissions
Reply With Quote
Did you like this article? Share it with your favourite social network.