Vat price difference

Siddu Reddy (Accountant) (69 Points)

08 April 2015  

Sirs,

please suggest  on accounting VAT Rectification entry.

Our party has given us order with inclusive of Tax whereas erroneously invoice has been raised with exclusive of Tax in FY 13-14 , this we came to know in 14-15. please help  how to pass the entry for  difference amount.