Topic: VAT Payment and Repayment
I am in Ireland.
When I receive a VAT repayment from the Tax office, I put it in Front Accounting as a Journal entry. I Debit the bank account and Credit the VAT account.
It seems to be wrong because FA is showing up this amount in Tax Inquiry.
What is the correct way to put VAT Payment and Repayment to/from the Tax office into FA?