VAT Return & VAT cal & settlement difference

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Posted on by CU10040714-0

Hi, I have submitted the VAT return for last quarter and when I came to calc and settle it, there is a difference between the submitted return and what BC wants to post.

I have identified which these transactions are.

How do I exclude these entries from the settlement posting, so they are not closed off and will then be picked up on the next VAT return?

Thanks in advance!

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Dynamics 365 Business Central

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Khushbu Rajvi. 18,964 Super User 2025 Season 2 on at

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VAT Return & VAT cal & settlement difference

https://learn.microsoft.com/en-us/training/modules/settlements-dynamics-365-business-central/

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Ramesh Kumar 7,501 Super User 2025 Season 2 on at

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VAT Return & VAT cal & settlement difference

In the VAT Entries page, filter to locate the transactions that you want to exclude from the settlement. You may want to use filters like Document No., Transaction Type, or Posting Date to narrow down the list. Exclude from Settlement: Once you have filtered the transactions, there should be an option called Exclude from Settlement. This option should be available in the ribbon or action menu for the selected entries. Mark the entries you want to exclude by selecting them and applying this option. If you can't find this option, ensure that you're in the correct context (for example, in a detailed VAT Entry page view).

Note: If you're unable to find the "Exclude from Settlement" option in the VAT Entries page, check whether there are any customizations in your system that might have altered this functionality.

Thanks

Ramesh

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CU10040714-0 31 on at

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VAT Return & VAT cal & settlement difference

Hello,

Thanks for your reply. From the home page, I have navigated to the VAT entries page, marked the entries I wish to exclude but I can't see "exclude from settlement". Where should that be located please?

Thanks!

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Jainam M. Kothari 12,116 Super User 2025 Season 2 on at

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VAT Return & VAT cal & settlement difference

Hello,

First identify and note the transactions causing discrepancies. Navigate to the VAT Entries page, filter to locate these transactions, and mark them. Use the "Exclude from Settlement" option to ensure these transactions are not included in the current settlement. Recalculate and post the VAT settlement, which will now exclude the marked transactions, ensuring they are picked up in the next VAT return.

May this can help : https://learn.microsoft.com/en-us/training/modules/settlements-dynamics-365-business-central/

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