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VAT Liability GL posting correct but settlement post different

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Posted on by James De Filippo

Hi All,

I have an issue on a customer site where the liability posting matches correctly with the VAT Return submitted but on 2 occasions the 'Calc. and Post VAT Settlement' process has posted a differing settlement to that of the liability.

Has anyone come across this before and are you able to help me solve it/

Thanks

James

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Alfredo_Iorio 1,260 on at

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RE: VAT Liability GL posting correct but settlement post different

Hi.

The difference between a VAT Return and the VAT settlement can be due to either an incorrect setup in the VAT or to the posting of journals with VAT enabled.

Assuming that you are working with the GB localisation and you have the HMRC connection enabled, your VAT return should be correct, your issue might be about manual journals posted with VAT that don't flow to the VAT report.

I would compare the VAT return to the VAT settlement and go through all the lines to see what caused the difference.
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Marco Mels on at

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RE: VAT Liability GL posting correct but settlement post different

Hello,

If you are not getting further responses from the community, please consider raising a ticket to your partner or to Microsoft via your partner or CSP.

Thank you.