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January 4, 2022
Question

Hi All, I need help to create an invoice less CIS , Less VAT Revers Charge , But my client would like to see all figures in the invoice please help Thanks Avni

  • January 4, 2022
  • 1 reply
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1 reply

January 5, 2022

Hello, AVNI.  

 

Creating a CIS transaction in QuickBooks is much like creating a normal transaction. Once you turn on the CIS, it will calculate everything for you.  

 

Also, currently, adding the reverse charges on an invoice is done manually. A workaround is to use a recurring invoice template. This can work perfectly if your client's transactions rarely change over time. 

 

Although, you'll still have the opportunity to tweak or change your invoices as they are created. 

 

To create a template: 

 

  1. Click the Gear icon, then select Recurring transactions.
  2. Tap the New button, then choose Invoice as the Transaction Type
  3. Add the details of the invoice with the needed VAT documentation.
  4. Once done, press Save template

  

If you need more guides on utilising the recurring transactions for the reverse charges, you can check this article: Create recurring transactions in QuickBooks Online.

 

You can also check these resources for more details about CIS and VAT Reverse charges:  

 

 

Don’t hesitate to let me know if you have other concerns or QuickBooks questions. I’m always here to help you out. Take care and have a good day!