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October 15, 2021
Question

How I record VAT charged via a couriers VAT deferment account for imports from EU (ie the invoice is all VAT, expect a small admin fee)?

  • October 15, 2021
  • 1 reply
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Original commenter did not share additional details

1 reply

October 16, 2021

Hello there, VICTORIACHF.

 

I'll share some details about VAT charges in QuickBooks Online.

 

There are VAT changes and you can find the latest changes to manage your VAT efficiently in this article: VAT changes for 2021. You can also check the common VAT codes here.

 

Concerning recording VAT charged through a courier VAT deferment, I would suggest consulting your accountant to ensure you'll record your transactions accurately. They can give you some advice you can make and guide you with the process. If you're not affiliated with one, you may use our Find a Pro-Advisor tool to look for an accountant near your area. 

 

Additionally, you can visit our help page to browse articles that can guide you with your QBO tasks: QBO help articles.

 

Let me know if there's anything that I can help with. I'm always here to assist. Have a wonderful day!