Tagging Recipts with standard and zero rated VAT

[Jsmith9114]

Hi,
I have receipts from wholesalers that have both standard rated and zero rated items on one receipt. How do I tag these in receipt hub please?

Thanks
James

[QFMathew]

Hi James,

The receipt hub doesn’t support multiple VAT rates or multiple lines for that matter.

The way you would handle this would be to either create the receipt from the receipt hub and then amend it, or do it the other way around - create it manually, and then tag the document to an already created invoice.

I hope that makes sense?

[ian_roberts]

You can’t create multiple line purchase invoices direct from the receipt hub but you should be able to select 20% as the VAT rate and then override the actual VAT amount to match the (lower) amount on the supplier’s invoice. The original invoice from the supplier is the thing the VAT man will want to see in an inspection, he won’t care about the detail of how you recorded it in QuickFile as long as the totals match the paperwork.

[Jsmith9114]

Thank you both!

James