How do I Post a Fuel Scale Charge?
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Revision as of 08:30, 6 May 2010 by Richard Green (talk | contribs) (New page: {{Review}} == Summary == The following article explains how to post any fuel scale charges you have incurred by having company vehicles. == More Information == Go to {{Menu|Systems\Accou...)
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Summary
The following article explains how to post any fuel scale charges you have incurred by having company vehicles.
More Information
Go to " Systems\Accounts Nominal Ledger Journal Entries Multiple Enteries".
- Enter the a relevant date for the journal.
- Enter the centre for Motor vehicle costs (Centre 19610 Motor Vehicle - Costs if running the Standard Platinum nominal centres) and press <Enter>.
- Enter the Full amount (Including VAT) of the Fuel Scale Charge (e.g. £483) and press <Enter>.
- Enter the Comment as Fuel Scale Chg and press <Enter>.
- Enter the same centre as above relating to Motor vehicle costs Centre 19610 Motor Vehicle - Costs if running the Standard Platinum nominal centres)and press <Enter>.
- Enter the Full amount (Including VAT) as a Negative figure (-) of the Fuel Scale Charge (e.g. -£483) and press <Enter>.
- Press <F7> to being up the Vat Details box.
- Change the "V.A.T" box to Say 'Output'.
- Then change the "V.A.T. Rate" box to Say '1 - Vat Rate 1'.
- Click [Ok]
- Move to the Amount Column and press <F4>, This will reduce the amount down and and split out the correct V.A.T column to be the correct amount.
The end result of this journal means only the desired V.A.T. amount is removed from Box 1 on the V.A.T. 100 report.
