Posting a Journal with VAT on Xero

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Posting a Journal with VAT on Xero

To post a journal on Xero with includes VAT that needs to be picked up on the VAT return:

  1. Go to Manual Journal
  2. Select amounts are tax inclusive
  3. Post your journal choosing the required tax rates and Xero will work out the VAT and post that to the VAT control account.

Alternatively, select amount as tax exclusive so that you can enter the VAT amounts manually.