I’m quite new to quick file and very new to VAT having just registered this month. One question which I do have is how do I deal with my expenses and VAT. Currently I just add them all together and add them as one purchase invoice to my own expense purchase ledger account and then reimburse myself.
Now I have VAT I appreciate that I can reclaim some of the purchases which I make. Can I use the same method as before by grouping all the receipts together and adding it as one amount and then applying the correct VAT rate?
What do I do if I have some receipts with no VAT number?
I would very much appreciate some guidance in this matter