Sage Accounting

Good Day, I need to do some customer write offs but they're not affecting the VAT, how do I fix this? I need to reduce my vat payable as its a write off. Thanks in advance.

I am trying to close my VAT period 072023 but it is giving me an error saying i must close older periods before closing new periods. I do not have any older periods open and am unable to find where to check this - my bank recon is locked for editing…

Good day, I ran my VAT report for FEB/MAR23 and only Feb info for half the month is pulling through? I have done an year end, and if i go to the general ledgers, everything appears in there, it is just not pulling through to the VAT report?

Hi, I passed a year end VAT adjustment journal as the shareholder paid for the VAT in their personal capacity The entry went against the "Opening Balance and VAT adjustment" account I now need to reallocate this to their loan account PS this has…

Hi, Why is it that some of my suppliers on the Banking review page, have VAT set as a default NO VAT which cannot be changed? I have checked the suppliers accounts and they are set to standard VAT and they all have their VAT numbers in place.

Our auditor contacted me to ask why we over paid SARS I then figured out that the VAT Report shows we generated more sales (invoices) than the Trial Balance, with quite a significant amount, how is this possible? So it seems like we made excessive…

I keep receiving errors when trying to close my VAT period. Returns are due today.

Good afternoon, I have sent this request to Sage numerous times, and no response has been received. When viewing my VAT returns listing screen my VAT amount payable is correct. When viewing the VAT201 it is incorrect. When viewing my VAT Report it matches…

I have done some bad debt write offs on customers but have noticed the vat calculation on the vat report is using 7.66% instead of 15% does anyone know why this is?

Good day Could someone please advise how VAT refunds (due from 2017/2018) received now in Feb 2021 should be handled on Sage? Thanks in advance.

Hi I have a customer who issues POs and requires the invoices to be matched. However the PO's rounding is down while pastel isn't. I can fix this with a negative amount at the bottom of my invoice but the PO also calculates the VAT based on the total…

I work in Agriculture and would like to do my diesel fuel usage rebate through the sage program. Can anyone help with material on how to do this?

As per your VAT registration, or change thereof, you may be required to change your VAT reporting frequency. This is usually from 2 months to 1 month or vice versa. It is possible to do this without affecting your previous VAT reporting history. …

Key facts about VAT for start-ups and small businesses The Quick Start Guide to VAT includes details regarding the following: VAT Basics VAT Rates VAT Registration VAT Invoices Surcharges and Penalties VAT Returns Click here for m…