How can I check for non-standard tax codes on sales and purchases?

To help make sure your accounts are accurate and correct, you can use the Accounts audit option in Sage 50 Accounts to quickly check for sales and purchases posted with a non-standard tax code. Checking for non-standard codes will highlight transactions where an incorrect tax code may have been used, it's a useful routine to run before calculating your VAT Return.

We'll run you through how to use this audit option.

1. On the navigation bar click Transactions, then click Accounts audit.
2. Select the Identify Sales and Purchase Transactions not using Standard Rated Tax Code check box.
3. In the Tax Code drop-down, click your standard rate tax code, for example T1, then click OK.
4. Enter the date range you want to check then click OK.

The Accounts audit window displays any sales and purchase invoices or credits which don't have the standard tax code. You can then check these transactions and amend them if the tax code used is incorrect.

TIP: To send the check results to Microsoft Excel, click Send to Excel.

This is one of a range of audit tools available in your software to help you keep your accounts accurate. Read more >