VAT Ledger Movement
Description
Cause
Resolution

Every customer and business is different in many ways, one of which is how they use nominal ledgers when recording entries in their accounts. Unfortunately, we are unable to provide advice on which ledger accounts to use within Accounting. This article is just for guidance purposes to explain how VAT moves between different nominal ledgers when using the default VAT ledgers within the software.

Depending on the VAT Scheme that you have selected within Accounting can mean that the movement between ledger accounts can differ. The below explains the main differences between Standard VAT and Cash Accounting.

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Steps to duplicate
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