Hi All,

Please help... How are penalties & interest recorded in Pastel Xpress v17 please?

We've submitted a couple of returns late this year, and penalties/interest have been imposed by SARS. When making payment for these, where will I post the payments to on Pastel? Do I need to create a seperate GL account? If so, can someone assist in how to correctly create the account please? Unless I'm supposed to post the payments to the VAT Control Account, and post (journal?) entries to the control account for the penalties/interest?

Thanks in advance