Hi,

I am after some feedback from the community on this.  I am a Zoho Books UK user -- one-man-band type business -- and historically used Zoho Expense to push all my receipt through which I then reconciled once a month and worked out which were paid through personal debit/credit cards and which were paid through the business bank account.  Having just spent a number of months on a major cleanup operation and cost-cutting around my finance, the reality is I now have very few regular vendors and indeed very few regular expenses.  It's therefore much less work now to use Zoho Books for business receipts and Zoho Expense for claiming expenses paid through personal accounts.

While reviewing the limited number of vendors I now have, I found a number of them had been created (automatically from Zoho Expense) with the wrong VAT terms and the wrong currency.  I've had tickets logged with Zoho support and basically, the currency cannot be changed as transactions exist.  Additionally, as the VAT treatment was wrong, some of my reconciled and VAT return submitted expenses are also wrong.

Has anybody else been through the same situation and found a way to correct things?  Or if not and have a better idea of the potential impact of the wrong VAT treatment, does anybody have any suggestions of how to fix? If indeed I need to fix them!  As an example, I have some vendors that are GBP and got set to Non-EU VAT that actually should have been USD with EU-VAT Registered VAT settings.

Thanks in advance.

Mark