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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / VAT mismatch in the Re...
Finance | Project Operations, Human Resources, ...
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VAT mismatch in the Report and Trial Balance

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Posted on by Ram Kumar 454

Hi,

Even after processing the VAT PAYMENT, some balances are showing in the trial balance for the INPUT VAT account.

pastedimage1675680249530v2.png

When we checked the VAT REPORT and POSTED VAT REPORT, whatever amount has been Debited for that period has been Credited correctly. 

We don't know how to proceed further and to solve this issue. 

Please assist. 

Regards,

Ram

  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 292,886 Super User 2025 Season 1 on at
    RE: VAT mismatch in the Report and Trial Balance

    Hi Ram,

    Without knowing the exact detailed transactions, I'm not able to judge if it is due to a bug or something else. Usually, when you post the tax settlement, it will create reversing transactions. If there is any difference, then not all tax transactions have been settled or there might be manual postings.

  • Ram Kumar Profile Picture
    Ram Kumar 454 on at
    RE: VAT mismatch in the Report and Trial Balance

    Hi Andre,

    Whatever VAT amount which got debited for that period has been credited also. Is this due to any bug?

    Regards,

    Ram

  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 292,886 Super User 2025 Season 1 on at
    RE: VAT mismatch in the Report and Trial Balance

    Hi Ram,

    Did you also verify if there are manual postings on the VAT accounts?

  • Ram Kumar Profile Picture
    Ram Kumar 454 on at
    RE: VAT mismatch in the Report and Trial Balance

    Hi Andre,

    Thanks for your response. There were late postings and we cleared it using the latest corrections. Even after that, we are still facing this issue.

    Regards,

    Ram

  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 292,886 Super User 2025 Season 1 on at
    RE: VAT mismatch in the Report and Trial Balance

    Hi Ram,

    Have you verified if there are late postings where you might need to run a correction for particular periods? Have you also verified if there are manual postings on the VAT main accounts?

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