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wendy27695-gmail
February 1, 2022
Solved

I'm doing a split transaction as some is vat free. It keeps telling me to choose vat and I've done that twice. What am I doing wrong ?

  • February 1, 2022
  • 1 reply
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I have 3 lines . Does that make sense difference?
Best answer by payment after leaving

Hi wendy27695-gmail When you split a transaction and one line has a VAT code you'll have to select the NO VAT code for the the lines that don't have VAT.

1 reply

P
payment after leavingAnswer
February 1, 2022

Hi wendy27695-gmail When you split a transaction and one line has a VAT code you'll have to select the NO VAT code for the the lines that don't have VAT.

paul72
paul72
February 1, 2022

Hi @wendy27695-gmail 

 

Be aware that NOVAT code is for "Out of Scope" items & will not carry the amount to the VAT Return at all.

If the amounts are "In Scope" but Zero Rated - used Z=0%.  This code will carry the amount to the VAT Return (box 6 or 7 depending on whether this is a sale or purchase).

 

Hope this helps.

    W
    wendy27695-gmailAuthor
    February 1, 2022

    thank you. I've sorted that now but am still struggling with contra invoices, but that is for another post !

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