Hello everyone,
I’ve got an account customer that has gone into liquidation owing £213.
How do I put this through Quickfile to reclaim the vat.
Thank you.
Hello everyone,
I’ve got an account customer that has gone into liquidation owing £213.
How do I put this through Quickfile to reclaim the vat.
Thank you.
Hello @Dirrall
Usually this would be processed by crediting the original invoice but changing the code a write off code such as “Bad Debt Write Off” (8100)
Remember : The Debt must be 6 months old before you can reclaim the VAT.
Relief from VAT on bad debts (VAT Notice 700/18)
Thanks for replying.
Thanks for replying Steve.
Sorry to be a pain Steve but how do I do that?
I’ve called up the original invoice then clicked on ‘More Options’ > ‘Credit Note’ but there’s no option to call 8100
Regards,
Darren.