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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Vat entries not closin...
Small and medium business | Business Central, N...
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Vat entries not closing and appearing on trial balance

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Posted on by LS-29041148-0 199
Hi All please assist, I have the VAT entries for credit memos pulling through to the trial balances for 2 different months is this supposed to happen?
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Microsoft Dynamics NAV
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  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 89,830 Super User 2025 Season 2 on at
    Vat entries not closing and appearing on trial balance
  • Suggested answer
    Sohail Ahmed Profile Picture
    Sohail Ahmed 10,958 Super User 2025 Season 2 on at
    Vat entries not closing and appearing on trial balance
    That usually happens if the VAT posting date on the credit memo differs from the original invoice or if the VAT settlement hasn’t been run for the period. Check the Posting Date and VAT Date on those entries, and then run the VAT Settlement to clear them. If dates are split across months, they’ll show up in both periods.
     
     
  • LS-29041148-0 Profile Picture
    LS-29041148-0 199 on at
    Vat entries not closing and appearing on trial balance
    Hi Danny
     
    I have verified everything and this entry is closed and applied also the trial balance filter uses just "date Filter" does give document or posting date. How can i adjust the vat entries. that is the only thing i have not done.
  • Suggested answer
    DAnny3211 Profile Picture
    DAnny3211 11,201 on at
    Vat entries not closing and appearing on trial balance

    Hi LS-29041148,

    Thanks for your question! VAT entries appearing on the trial balance across different months can happen depending on how the posting dates and VAT posting setup are configured in Microsoft Dynamics NAV or Business Central.

    Here are a few things to check:

    1. Posting Date vs. Document Date

    Ensure that the posting date on the credit memo matches the intended accounting period. If the VAT entry is posted with a different date than the credit memo, it may show up in a different month’s trial balance.

    2. VAT Posting Setup

    Review your VAT posting setup to confirm how VAT is being calculated and posted. Some configurations may defer VAT recognition based on payment or other criteria.

    3. Closing VAT Entries

    VAT entries should typically be closed when the related document is fully processed. If they remain open, it could indicate:

    • A mismatch in reversal or application.
    • A missing or incorrect posting group setup.
    • A need to run the Adjust VAT Entries or Post VAT Settlement process.

    4. Trial Balance Filters

    Check the filters applied to your trial balance report. If you're pulling data by document date instead of posting date, it may show unexpected results.

    Let me know if you'd like help reviewing your VAT setup or running the VAT settlement process.

    If this answer was helpful, please consider marking it as accepted.
    Best regards,
    Daniele

  • LS-29041148-0 Profile Picture
    LS-29041148-0 199 on at
    Vat entries not closing and appearing on trial balance
    Please see the example from a trial balance

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