Flat rate VAT and EU purchases

[Darkblade]

When I try and create a VAT return there are no entries in the VAT due on Box 2 EC acquisitions or Box 9 Total value of acquisitions from other EC states. Do these have to be entered manually or have I missed something when setting up a German supplier?

[QFBeth]

Hi @Darkblade,

When you set up the supplier there is a box to select their VAT settings:
You’ll need to make sure the top option (VAT Registered in another EC Member State) is selected.

When you enter an invoice for this supplier there will then be a tickbox for Reverse Charging but this only applies to Goods. For Services you will need to do a manual adjustment.

Hope this helps

[Darkblade]

Hi Beth, I’ve got the correct box checked for the supplier VAT settings. Do I need to tick the Reverse charging when I enter the invoice? It’s paying for goods.

Thanks

Tim

[ian_roberts]

The “reverse charge” tickbox in QuickFile is somewhat mis-named in that it actually applies the goods acquisition rules, not the reverse charge procedure, so yes, that’s the box you need to tick.

[Darkblade]

Hi Ian, are there any other settings I might not have put in correctly because I still can’t get it to work?

Thanks

Tim