Correcting a paid invoice

[Sockpuppet]

lol, love some of the discussions and comments that get generated.
This work was done first week in Jan and billed just after.

Not had a reply yet but shouldn't cause too many problems.
Now to give myself a damn good thrashing for not spotting it myself

VAT got changed everywhere in my system but my invoice template

TBH I wouldn't bother changing it. If anyone asks just tell them the work was done on the 3rd Jan. HMRC are not going to send you to the big house for some VAT which a company is just going to reclaim anyway.

[VirtualMonkey]

lol, love some of the discussions and comments that get generated.
This work was done first week in Jan and billed just after.

Not had a reply yet but shouldn't cause too many problems.
Now to give myself a damn good thrashing for not spotting it myself

VAT got changed everywhere in my system but my invoice template

[Sockpuppet]

When was the work done. If it was in Dec then 17.5% is the right rate even if you invoice in Jan.

[SueEllen]

You're kidding, right?

Not notice an invoice is wrong? In particular, the VAT? When the rate has just changed? With so much publicity?

I'd expect someone to be getting a damn good for paying it.

Why should they? The money goes straight to HMRC anyway.

Also if you have dealt with younger and/or cheaper staff of companies particularly large ones you find they tend not to care very much about mistakes.

Edited to say: There are exceptions to the rule but when these exceptions happen you usually are shocked about getting decent treatment.

[RichardCranium]

Why should they notice? Not everyone with the agency will be on the same payment terms or bother to invoice on time for work done.

You're kidding, right?

Not notice an invoice is wrong? In particular, the VAT? When the rate has just changed? With so much publicity?

I'd expect someone to be getting a damn good for paying it.

[SueEllen]

It's great to know the agency's payments team, who do little but process invoices day in, day out, didn't spot it.

Why should they notice? Not everyone with the agency will be on the same payment terms or bother to invoice on time for work done.

[RichardCranium]

It's great to know the agency's payments team, who do little but process invoices day in, day out, didn't spot it.

How many other cock-ups do they let through every day?

[VirtualMonkey]

Thanks Craig. That's what I thought. I've made the agency aware and hopefully they'll deal with it as you said. I have agreat relationship with them so there shouldn't be any issues

[northernladuk]

Just realised I made the stupid mistake of not changing the VAT to 20% on the first invoice of this year.
The invoice has been paid so is there a way of re-issuing? Or do I need to write that down as a schoolboy error and learn from it?

Thanks

LOL, all that money they spent reminding us of it as well. Tut...

I have billed my client for the difference in the past when I mis calculated it and have also invoiced a minus number to fix an over charge once as well. Both were accepted by my client without question. Speak to them and see if they dont mind

[Craig@Clarity]

If the invoice is raised after the 20% rate is applicable (4 Jan) but you charged 17.5% VAT instead, I would say, re-issue the first invoice with 20% and submit this. Your client should then simply pay you the difference. Explain it was a genuine error and hopefully they will be understanding enough.

[TykeMerc]

I'd just issue a separate invoice for the difference and contact the customer/agency accounts payable department.

Make it clear in the invoice text that it's a correction.

[VirtualMonkey]

Just realised I made the stupid mistake of not changing the VAT to 20% on the first invoice of this year.
The invoice has been paid so is there a way of re-issuing? Or do I need to write that down as a schoolboy error and learn from it?

Thanks