Delete a supplier payment (PP) transaction

Has the supplier payment been VAT reconciled?

To check, click Transactions then identify the required transaction and check the VAT column.

• R = Reconciled
• N = Not reconciled
• - = Does not require reconciliation

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Reverse the supplier payment

Reverse the supplier payment with a supplier refund

1. Click Suppliers then click Refund and complete the Supplier Refund window as follows:

   Bank A/C Ref	Choose the required bank.
   Payee	Choose the required supplier.
   Tax Code	VAT Cash Accounting only - Enter the same tax code as the original supplier payment.
   Date	Enter the date of the refund.
   Exchange Rate	Foreign trader only - Enter the same Exchange Rate as the original supplier payment.
   Amount	Enter the amount you are refunding.

2. Click Save then click Close.

Points to consider

• Bank reconciliation - Once you post the supplier refund, if required, you may also need to bank reconcile it. The net effect of the refund and original transaction in the bank reconciliation is 0.
• VAT reconciliation - As the supplier payment has been VAT reconciled, when you reverse it the new supplier refund (PR) appears on the next VAT quarter as a transaction from a previous period. You must include this previous transaction in the VAT Return.

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Delete a supplier payment

1. Click Transactions then click the required transaction and click Delete.
2. Click Delete then click Yes.

NOTE: Sage 50 Accounts v26.2 and above - When you apply a search that only returns one result, the Delete or Edit option may be greyed out. As a workaround, instead of using a search or filter, use the Find option. Read more >

Backwiz_VAT_VCA;wiz_VAT_VCA_RECN;null Restartwiz_VAT;wiz_VAT_VCA_RECN;null

Delete a supplier payment

1. Click Transactions then click the required transaction and click Delete.
2. Click Delete then click Yes.

NOTE: Sage 50 Accounts v26.2 and above - When you apply a search that only returns one result, the Delete or Edit option may be greyed out. As a workaround, instead of using a search or filter, use the Find option. Read more >