Corrections in a VAT locked period
Editing invoices in a VAT locked period
Invoices cannot be edited once a VAT return has been locked. In this situation, you would normally need to create a credit note, net it off with the historic invoice and then create a new invoice. The credit note and new invoice would both need to be in an open VAT period.
How edited transactions will be dealt with for VAT
If you edit a transaction in a locked period, FreeAgent will preserve your existing locked VAT return intact, and make any necessary changes on your next unlocked VAT return.
That's how HMRC expect VAT errors to be corrected.
How to make the corrections
FreeAgent will then make those changes on your next unlocked VAT return.
Simple as that!
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