A VAT journal is entered as one of two types:
Credit VAT journal - The VAT account is credited
Debit VAT journal - The VAT account is debited
Before following the steps below, please ensure that you're entering the correct type of journal. The type affects where on your VAT Return the value appears.
Navigate to Financials, VAT journals (ribbon menu) or Nominal Ledger, Transactions, VAT Journals (classic/module menu)
Select whether you wish to create a Credit or Debit journal
Fill in the journal details that you need. Note that the accounts are updated with values as follows:
Contra Account: Updates with the gross value
VAT contra account: Updates with the VAT value
Credit/Debit account (detail entry): Updates with the nett value
Once you post this to the accounts, the relevant values appear on your VAT Return.