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VAT reconciling with GL ( General Ledger)

This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.

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August 26, 2014 at 8:13 pm #192449
Ernest
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How do you reconcile VAT sales (output) with your general ledger to the trail balance?
August 27, 2014 at 7:07 am #192472
John Moffat
Keymaster
- Topics: 57
- Replies: 54787
I am not really sure what you are asking or why.
There will be a VAT account in the ledger and it is the balance on this account that is listed in the trial balance.
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