Displays the difference between calculated and posted VAT amounts for selected transactions, sorted by VAT code, dates and transaction type (sale or purchase). This report does not display any item that has a variance of £0.00 (for example, a VAT amount that may have been adjusted and then changed back to the original value).
Note: Although MYOB warns against such changes, some transactions might require adjustments of VAT amounts assigned.
More Details about the VAT Amount Variance Report
Date | ID No. | Scr | Name | Net Amount | Rate | Posted VAT | Calc. VAT | Variance |
______________________________________________________________________________________________________________ | ||||||||
VAT |
VAT | |||||||
12/6/2001 | 0000165 | SJ | Customer Card | £150.00 | 10.00% | £12.00 | £15.00 | £3.00 |
12/6/2001 | 0000081 | GJ | Accounting Adj. | £375.00 | 10.00% | £25.00 | £37.50 | £12.50 |
N-T | No Tax | |||||||
12/6/2001 | 000015C | SJ | Customer Card | -£350.00 | 0.00% | -£10.00 | £0.00 | £10.00 |