HOME / COMMUNITY Switch to knowledge base

VAT amount incorrect

I am processing purchase invoices via bank entry and am unable to over-ride the VAT. For instance; the automatic calculated rate is £0.90, however on the invoice received the supplier has deducted £0.91 (I assume is due to roundings).

Can this be set so can be over-ridden please…



Thank you for notifying us of this. You can alter the VAT if you enter a purchase from the supplier account - so in the meantime it might be best to do it that way round rather than through the bank if the supplier is rounding their VAT up slightly?

I will pass this on to one of my colleagues to have a look at this issue for you.


Hi Beth

Thank you, most of my transactions are small purchases, so added via bank.

However, once created tansaction, I then amended QF Transaction! A bit long-winded but it works…


Hi @TudorJones,

Unfortunately for now you will need to amend the invoice once created by the penny. You can amend the vat value to a lower amount but you can’t increase it by 1p. Or you enter them onto the supplier account before tagging with the bank.

Sorry for the inconvenience

This topic was automatically closed after 7 days. New replies are no longer allowed.