I just realised that I erroneously set up an expense account as VAT Exempt (should be standard). I want to change the transactions so I can reclaim the VAT, but Quickbooks (2004) won't let me - "The VAT on this transaction is already filed - You cannot modify or delete this transaction".
Can anyone suggest a workaround?
Thanks, David Vale
Historians believe that in newspost on Wed, 29 Jun 2005, David Vale penned the following literary masterpiece:
Do a journal entry for the correct VAT amount to the appropriate accounts. It should then show up correctly in the VAT100 report.
Only on QBPro2002 here but you should still find "Adjusting your VAT Liability" under help.
Duncan
Duncan,
Thanks for your help.
David Vale
Have something to add? Share your thoughts — no account required.
Ask the community — no account required