I need help!! I have been asked to help a friend sort out the VAT for a local social club. They are due a VAT inspection next week and have not submitted a VAT return since Dec 2010 - due to the secretary finishing and the new one not knowing what to do. They paid the assessment VAT. On the system he claimed VAT on everything - pettycash with no receipts etc., I have gone back through each month by month - Jan - March is now ready to reconcile. April - May has not been submitted but the VAT has been reconciled with all the VAT errors on - someone realised there was a mistake and entered the same amount on again - same dates. The figures are on twice one reconciled and the others not - the ones that have not been reconciled are correct. Do I make a journal entry to correct this.
