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T
TomThorne
March 6, 2019
Question

VAT Flat Rate UK - Net Value of Purchases showing as zero

  • March 6, 2019
  • 1 reply
  • 0 views

I've setup my historical accounts on QuickBooks and the only issue I have is that when I prepare VAT returns using the Flat Rate Scheme it shows no value in Box 7 'Cost of Sales'.

 

I've selected the Flat Rate scheme and set the rate in settings.  I'm coding the expenses as Purchases - Cost of Sales VAT 20% S. 

 

Does anyone know they're not showing up on the form?

    1 reply

    T
    TaliaI
    March 6, 2019

    Hello TomThorne,

     

    Do you have access to Facebook or Twitter so you can send us a screenshot of the code you are using through private message?

     

    Thanks,

     

    Talia

    T
    TomThorneAuthor
    March 6, 2019

    Thanks for getting back to me. 

     

    I can send a screenshot on Facebook, who should I message?

    T
    TaliaI
    March 6, 2019

    Hello TomThorne,

     

    You can find our Facebook through QuickBooksUK.

     

    Thanks,

     

    Talia

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