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R
raymondo
September 23, 2019
Question

Can i create 2 invoices for the same "service" i.e. one for my insurance broker who takes commision, but with no VAT and one for our end client who needs a VAT invoice ?

  • September 23, 2019
  • 1 reply
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1 reply

E
EmmaM
September 23, 2019

Hello Raymondo

 

Thanks for visiting the Community

 

Can we just confirm are you using QuickBooks Online or QuickBooks Desktop?Is the VAT invoice a 100 percent VAT invoice?

 

Emma

R
raymondoAuthor
September 23, 2019

Hi Emma,

 

it’s the online version. The fee is 20% VAT as normal to the end client, but the Commision fee to the insurance broker is no VAT. 

Basically i need 2 invoices, both with the full fee and VAT but one to the broker minus their commision before VAT is charged.  

 

Thanks Raymondo 

P
payment after leaving
September 23, 2019

Hi raymondo

 

We presume that you do not want the invoice to the client to show the commission. In this case you will have to create the invoice with one line showing the amount and 20%S tax, you will have to save it, the opaque save, print/send this to your client. You will then have to add a second line, creating a service for the commission, in the income account for the service you will have create/select a commission expense account and on the invoice enter the amount in a negative figure and select No VAT, select save, print/send to your broker.

 

 

 

 

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