Hi there, I am having a similar problem to other posters in this thread, but having reviewed all the answers I am none the wiser; I am not an accountant and I am having trouble with the jargon.

I have accidentally 'added' a transaction in my current account from a banking feed as an expense to the VAT Suspense account. Since learning the tool I realise I should not have done this (instead I  should have made a payment via the Taxes page and later matched the payment in Banking), but now I can't Undo what I have done.

I get the error message 'Any transactions in a VAT period marked as filed can’t be changed on the Flat Rate Scheme. If you need to update or correct something, just create a new transaction.' Unfortunately, the supplied tooltip link just points to a general page about FRS and doesn't address this immediate issue I have.

I am using Taxes to keep track of VAT returns and payments, but I am not MTD (Making Tax Digital).

Can anyone recommend the best course of action in an easy to understand set of steps?

Thanks!

Lee