VAT only invoice received

[QFSteve]

Hello @ drpeej

Posting a Vat only invoice is the same for clients as suppliers.

You can post a VAT only invoice using 2 lines. The first line would be the original purchase at 20% VAT, the second would be a reversal of the NET sum set at 0% VAT.

The link below is related to a similar post which may help.

VAT only invoice requirement

You can post a VAT only invoice using 2 lines. The first line would be the original sale at 20% VAT, the second would be a reversal of the NET sum set at 0% VAT. This will leave you with a VAT only invoice for £6,000. [image]