rounding of vat amount

Business Central/NAV User Forum
1

At the end of year,we must announce our vat,but we find some rounding of vat amount all of the year

Now,i want to balance it

is it logical entring a new general journal debit a corresponding account and credit vat account?

thank you~

2

Setup Business code and Vat Product with FULL VAT, Post a purchase / sale of an G/L account has Full Vat.

3

then,if i had many invoice to adjust(including posted invoice),should i entry a general journal for the total amount of adjustment?

4

You want to only want to adjust global VAT amount in reporting you can do that.