Running a quarterly VAT return after migrating sage systems mid-period.

We recently migrated from Sage 50 to Sage Cloud Accounting, which happened to be mid VAT period. When it comes to submitting our next VAT return, how do we go about accounting for transactions which occurred on the old system? If we run the return on both systems, and then adjust the new system return to add on the transactions from Sage 50 - will this work? 

If this is the case, will we be left with any mis-balances in the new system? 

Many Thanks

  • 0

    Hello Dan,

    Thanks for using Sage City.

    If you migrate mid vat period then you would either need to reenter the transactions so they appear on the next return or ideally complete the return in the old system and then move over at the start of the new quarter. As you say an adjustment would need to be done in the program to account for these missing transactions if they arent reentered. I would advise if I was in your shoes too complete the return in the old program and then move over once this has been done if at all possible. 

    Kind Regards

    Richard