Purchase Vat amount always 1p out


Every time I enter a purchase and select the appropriate vat percentage, it is always £0.01 out either plus or minus from what is shown on the invoice.

How can I fix this or account for the differences?

Depending on what bookkeeping systems your suppliers are using, the VAT may vary.


If you’re using the tagging feature, simply change the VAT amount when tagging:

Logging Purchases Manually / Modifying:

If you log purchase invoices manually, you can edit the VAT amount directly when entering the purchase or click ‘Modify Purchase’ if you have already entered the purchase to modify the VAT amount:

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