Changing VAT on a previously VAT reconciled invoice - how to?

Question

I have just discovered that VAT was missed off a bunch of import invoices, which have already been included in previous VAT returns. My question is, now I have copies of the invoices showing correct VAT breakdowns (which are within the 4 year amendment window) should I just edit the original invoice entries, or should I delete them and put on new entries? I'm not sure which will allow the VAT to be claimed correctly on the next VAT quarter?

Sam Hogarth · Answer

Hello Kerry, 
 If you are editing the Tax Code or VAT Amount this is classified as a critical field, this means the program will posts a new transaction to reverse the effect of the original transaction. It will then post a new invoice which will have the correct VAT Values. 
 For your situation if you edit the VAT on the invoice the program will automatically credit off the original invoice, then post a new invoice with the correct VAT values which will then be included in your next VAT return. This guide explains what happens when you edit your transactions. 
 
 If this has answered your question please click More > Verify Answer. 
 Regards, Sam 
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Changing VAT on a previously VAT reconciled invoice - how to?

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