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December 28, 2023
Question

How do i adjust the recurring invoices to show the price exclusive of vat

  • December 28, 2023
  • 1 reply
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1 reply

December 28, 2023

Hey there, accounts.

Let me help you adjust your recurring invoices' to show the price exclusive of VAT. Here's how:

 

  1. Click the Gear icon and select Recurring transactions.
  2. Look for the template, then click the Action drop-down and choose Edit.
  3. Select the VAT rate in the VAT column.
  4. Click Save template.

 

Once completed, you will be able to see the amount exclusive of tax in this section.

Furthermore, you can run a VAT Liability report to display a summary of your taxable and non-taxable sales, along with the total sales tax you collected from customers.

 

If you have any further questions regarding recurring transactions in QuickBooks, please feel free to ask. Have a great day.