Analyze the VAT settlement results
When you post the Calc. and Post VAT Settlement batch job, it closes the open VAT entries and transfers purchase and sales VAT amounts to the VAT settlement account.
When VAT entries are closed, the Closed field on the VAT Entry is selected. The entry number of the settlement entry that closed the VAT entry is automatically inserted in the Closed by Entry No. field. This occurs only when the amount must be transferred between G/L accounts.
When a VAT amount is transferred to a VAT settlement account, the account for purchase VAT is credited and the account for sales VAT is debited with the amount from the VAT statement period. The account for VAT settlement is credited with the net amount (or, if the purchase VAT amount is larger, it's debited).