Pastel Accounting Tip: Journal Contras

[StuMurless]

Hi Neville. Is there a way to manually enter the VAT amount ie when you are journalising a purchase and not all items include VAT and so the automatic system calculation of VAT will not be correct.

[Neville Bailey]

Hi Neville. Is there a way to manually enter the VAT amount ie when you are journalising a purchase and not all items include VAT and so the automatic system calculation of VAT will not be correct.

If you manually enter the VAT amount (without using the VAT code), the VAT reports will not reflect correctly. The VAT control account will be correct, but you won't have the analysis of input and output tax which the VAT reports provide.