Skip to main content
Dec 3, 2020 2:24 PM UTC
Solved

Hi, I am trying to find out if Quickbooks is compatible with the Customs Handling of Import and Export Freight (CHIEF) system for EU import declarations from 1 Jan 21?

Original commenter did not share additional details
Ashleigh1Answer
Dec 3, 2020 4:00 PM UTC

Hello Mstrakey1, 

 

So in Quickbooks, you would record the transaction as an expense or bills and select the relevant EC VAT code, if you are just recording purely for the VAT you would create a 100% VAT expense.  

3 replies

Dec 3, 2020 3:21 PM UTC

Hello Mstarkey1, 

 

Welcome to the Community page, 

 

So no Quickbooks doesn't support it, as Quickbooks only records the selling and purchasing of goods. 

mstarkey1Author
Dec 3, 2020 3:45 PM UTC

This is related to the purchasing of goods i.e. I purchase goods and need to pay import duty and VAT so it should be available via Quickbooks. 

Ashleigh1Answer
Dec 3, 2020 4:00 PM UTC

Hello Mstrakey1, 

 

So in Quickbooks, you would record the transaction as an expense or bills and select the relevant EC VAT code, if you are just recording purely for the VAT you would create a 100% VAT expense.