VAT discrepancies

Aldous Everard aldous at hypercubesystems.co.uk
Tue Jul 29 13:26:08 CDT 2003


Having Set up Tax Tables so that I can happily enter invoices and have
the tax automatically taken off, I find that I have been invoiced with
an incorrect VAT value (out by 10 pence).  HMC&E tell me to enter this
amount into my accounts regardless.

I have worked around it by entering a new VAT table for the billed
amount.  Will i need to do this for any incorrectly charged VAT bills?
and will this cause problems later?

Thanks for any responses
Aldous





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