I have just bought some items from Amazon and they sent me the following invoice/receipt:
Item(s) Subtotal: £17.14
Postage & Packing: £3.74
Total Before VAT: £20.88
Promotion Applied: -£4.49
Grand Total: £20.58
As £4.19 is not 20% of the grand total £20.58, I can’t enter this directly into QuickFile.
So should I enter it as 2 transactions:
one VAT rated for £25.07
and one non-VAT rated for -£4.49
Or is there a better way to handle it?
[Note: It also seems their maths is not very good, as the VAT should be £4.18 not 4.19]