Skip to main content
E
EmcPB
June 20, 2024
Question

Rules not keeping VAT status

  • June 20, 2024
  • 1 reply
  • 0 views

Hi all

 

We are not VAT registered so I have the Default Tax Rate Selection in Settings, Advanced to NO VAT.

 

So, I set up a new rule, whereby the expense it split into 2 or more categories and the VAT status set to No Vat.

 

When I have a payment record that has come through automatically from the bank link up, the splits are correct but the VAT rate is always blank, meaning I have to re-enter this information. Not the end of the world but surely the VAT rate should save with everything else in Rules so that I can just "Add" the transaction.

Or am i doing this completely wrong!

1 reply

G
GeorgiaC
June 20, 2024

Hello and welcome to the QuickBooks Community, EmcPB

 

The default VAT rate selection is only applicable to transactions created in QuickBooks; it isn't integrated with transactions downloaded through the automated bank feed. 

 

If you would like to submit feedback for this to be considered in a future update, please share this with our Product team by navigating to the Gear icon > Feedback in QuickBooks. 

 

Thanks for reaching Intuit QuickBooks for support on the Community. If you have any further queries, please do get back in touch!

Terms & ConditionsAccessibility statement