Anyone using the flat rate VAT scheme with Quickbooks? Any info on setting this up appreciated, I've not worked out how to do it yet except on a spreadsheet
- posted
17 years ago
Anyone using the flat rate VAT scheme with Quickbooks? Any info on setting this up appreciated, I've not worked out how to do it yet except on a spreadsheet
You don't track VAT. Sales will be 117.50 not Sales 100.00 and VAT
17.50. Expenses are 117.50 not Expenses 100.00 and VAT 17.50. The VAT paid is shown as a separate expense.BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.