I have a situation where I receive income (its actually from a farm auctioneer) who self invoices and also applies their commission etc to the invoice and therefore pays net of those costs.
The commission etc have purchase tax applied to them.
when I add these cost lines to a quickfile invoice and apply the vat, quickfile posts this as a negative to the sales tax control account, whereas I need it go to the purchase tax control account.
how can I do this?
Hello @jillkw
In order to affect the purchase tax control account you would need to create a purchase invoice for the commission.
Thanks - I was hoping to make it easier for the person who enters the sales invoices - to make sure everything balanced easily and the bank reconciliations were simpler - we did use to do that, but then you allowed costs to be netted on the sales invoice. rather a shame.
It would be much better if I could select an”input tax” from the drop down VAT %’s and then the system posted to the correct control accounts accordingly.