VAT - Show Unreconciled Statement Lines for a VAT period when completing a VAT return
A note of outstanding, unreconciled statement lines before completing a VAT return.
Currently you click review and can see the VAT return; however, it would be useful to have a box that would flag if there any unreconciled transactions within the VAT period.
This would help to ensure no transactions are missed when completing a VAT return.
Thanks to you all for sharing and supporting this idea. We understand how helpful it'd be to identify unreconciled statement lines within the VAT period before completing a return, reducing the risk of missed transactions.
This is being considered as part of a wider piece of work to help identify and resolve outstanding items at the right point in the tax-filing process. While it's not in development as yet, we'll keep you updated as work gets picked up.
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Vishnu Sririamajeyam
commented
Xero software
It would be nice to have VAT reconciled column to say Reconciled Yes/No or VAT reconciled period.