Accounting Ideas

 

Merged idea

This idea has been merged into another idea. To comment or vote on this idea, please visit S1-I-2916 Payment on account VAT Reverse charge.

Show VAT reverse Charge as a rate when entering on supplier invoices from outside of theUK Merged

We have entered on some invoices from Dropbox and these are currently showing as Zero rated when we look in the supplier history. For purchases of service from EU countries, the VAT rate should be 20% VAT reverse charge where the business has provided their VAT registration number. Therefore showing zero rated on the invoice is confusing as this would suggest the accounting treatment is wrong on Sage.

  • Guest
  • Dec 16 2022
  • One For The Future