How To Amend a VAT Code on an Invoice or Credit Note

Modified on Tue, 30 May, 2023 at 10:02 AM

If you find one of your customer or supplier invoices or credit note has been posted with an incorrect VAT code there are three options to correct.

1. Raise VAT Only Invoice / Credit Note

You certainly can raise VAT only invoices and credit notes. The options are within the SOP module:

2. Corrections Facility

Another option would be to use the corrections facility to just amend the VAT code. The system will then make the necessary amendments for you.

You can find the Correct button on the transaction enquiry screen when you select the transaction posted on to the customer/supplier’s account.

If the transaction has been allocated, you’ll be prompted to unallocate it first:

3. Reverse the original transaction, either manually or via Corrections screen, and then re-enter original transaction correctly.