Question
PLEASE HELP. VAT on purchases isn't showing up in 'amounts', even when set to inclusive. The VAT rate is correct, the 'inclusive' is selected. Any suggestions?
This is the same for ALL the VAT rates I'm using, across P&L, B/S, etc.
I've checked the rates, and I've checked the vat rates within transactions. All are set to 'inclusive'. Yet, the amounts are showing up without the VAT.
Also, even if I set the VAT to exclusive, it doesn't make a difference - it still shows up as (which makes sense in this instance) exclusive.
QBO personnel - please don't respond with your suggestions such as:
try changing browsers, logging on/off, closing/restarting QB, am I using the correct VAT rate, all the other nonsense you guys suggest in order to pretend you've helped with a query.
I've checked the rates, and I've checked the vat rates within transactions. All are set to 'inclusive'. Yet, the amounts are showing up without the VAT.
Also, even if I set the VAT to exclusive, it doesn't make a difference - it still shows up as (which makes sense in this instance) exclusive.
QBO personnel - please don't respond with your suggestions such as:
try changing browsers, logging on/off, closing/restarting QB, am I using the correct VAT rate, all the other nonsense you guys suggest in order to pretend you've helped with a query.