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Check if a transaction is VAT reconciled

Created on  | Last modified on 

Summary

This guide explains how to check if a transaction is VAT reconciled in Sage 50cloud Accounts.

Description

When you reconcile your VAT Return, the transactions that were included in the return are flagged as being VAT reconciled.

You can easily check these transactions at any time.

Resolution

  1. Open and log into Sage 50cloud Accounts.
  2. Click Transactions and identify the required transaction.
  3. Check the VAT column, this shows one of the following:
    R The transaction has been included in a VAT Return and is VAT reconciled.
    N The transaction isn't VAT reconciled yet.
    - The transaction is not applicable for VAT and won't appear on a VAT Return.

TIP: for more help with VAT Returns,  the following article covers some useful hints and tips. Read more > 


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