BPP Black Friday sale!

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

VAT reconciling with GL ( General Ledger)

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
August 26, 2014 at 8:13 pm #192449
Ernest
Member
- Topics: 1
- Replies: 0
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: 54483
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.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.