Mismatch error When you use the VAT Cash Accounting scheme, Sage calculates VAT on invoices. It puts the VAT into a VAT holding nominal ledger account until you record the payment. When you match the payment to the invoice, the system moves the VAT amount to the VAT on purchases ledger account. This shows on your VAT Return. When you credit the invoice instead of receiving a payment, we deduct the value from this ledger account, as no VAT is due. If the credit note has a different VAT rate, there can be a remaining value in the holding account. | 