I have a purchase invoice which I have put 3 different tags on. To divide the expenses properly between the three projects I have used the adjustment facility to minus the value not applicable to that project. My question do I use the figure before or after vat to keep the project values correct?
Project totals are reported NET of VAT. I would therefore recommend that you make any adjustment without including VAT.
Hope that helps!
This topic was automatically closed after 7 days. New replies are no longer allowed.