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May 26, 2021
Solved

Can i put through a vat only bill car was involved in crash was sent my fault

  • May 26, 2021
  • 1 reply
  • 1 view
No text available
Best answer by EmmaM

Hello Nicholls-Paul. Yes, you can do a 100 percent VAT transaction. To do this, click on the + sign and select the transaction type that you need so in this case expense

One the first line of the transaction, choose the account you want to use. For the rate, enter £1, and for the VAT code, select the 20% Standard code.

On the second line, select the same account. For the rate, enter -£1, and choose an Exempt code.

The total of the invoice will be 0. You can then edit the amount in the VAT box to whatever you need it to be so the full amount in this case. Any questions on this please just reply here.

1 reply

EmmaMAnswer
Level 10
May 26, 2021

Hello Nicholls-Paul. Yes, you can do a 100 percent VAT transaction. To do this, click on the + sign and select the transaction type that you need so in this case expense

One the first line of the transaction, choose the account you want to use. For the rate, enter £1, and for the VAT code, select the 20% Standard code.

On the second line, select the same account. For the rate, enter -£1, and choose an Exempt code.

The total of the invoice will be 0. You can then edit the amount in the VAT box to whatever you need it to be so the full amount in this case. Any questions on this please just reply here.