HI there,
In my VAT Return Detail, under Box 4 - VAT on purchases, there is only one transaction logged when I've actually incurred 4 separate purchases. I've looked at the 4 purchases and can't see any differences in how I've logged them. Any ideas as to why this is?
Many thanks again!
Adam
Right, I've worked out what's happened. For some reason, the Flat Rate VAT box wasn't ticked on the transaction - it seems to have defaulted to the standard VAT calculation. I've now ticked the box applying the Flat Rate and all seems well.
Perhaps you created that transaction before ticking the flat rate option for the business? Anyway glad to hear it's ok now.