DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

How to show VAT claimed in bank account


#1

I have received vat from the state. I need to debit tax payable and put it into the bank account.
How do i do this? as it cannot be done with journal ?


#2

Just go to the Bank accounts tab to “Receive money” and allocate VAT refund to your “Tax payable” account.


#3

in the bank accounts tab on the left, i don’t see a receive money option?


#4

There is Statement balance column on which amount you can click. This will take to the ledger of bank account where you can create Receive money transaction.


#5

Thank you very much.