Hi , If i enter an invoice for a previous month (exp july) and there is vat on this invoice will i still be able to claim this vat back in the up coming vat return ? or is it to late ? or can you remove an invoice from the system for me ? it wont allow me to do it on my side ,,,,,,and i get the suplier to change the date on the invoice
All VAT gets calculated and updated automatically once it’s in a live VAT period.
If Bullet is stopping you deleting an invoice then that invoice is probably in a closed VAT period. As in the VAT return has been created and closed.
Removing that invoice would change the VAT account in that return. Which would mean you’d have to manually submit a change to your VAT return and update Bullet using the manual journal entries.
Bullet doesn’t provide automation for those functions, and we don’t provide help in these situations, it’s a task for your accountant/bookkeeper.
If you need to edit items in closed periods, click Tax > the VAT period > on the right click ‘On Pay VAT period’, take note of the payment date.
Make your edits and then follow the same flow and click “Paid VAT Period”. *If you’re removing/changing an invoice amount or bring that invoice out of that VAT period then you’ll need to submit an amendment return. If you’re just changing the suppliers name etc then you don’t need to.