Forum Message

VAT on Fuel

In order to compare VAT charges on vehicle fuel with the Fuel scale charge for a particular period would it be possible to set another VAT Rate called (say) "Fuel VAT" or "VAT on Fuel" set to the same rate as the standard rate. This would help in deciding whether one should or should not claim the Input VAT on Fuel.
Of course, one could trawl through & total all the Fuel Invoices and/or payments to do this but the suggestion above would make this unnecessary.


Posted by Jack on Jan 20, 2014 3:52 PM GMT

Hi Jack,

I'll note your support for having a way to automatically compare the VAT when recording the fuel scale charge the VAT on fuel purchases.

Note that if you filter the Transactions list to show fuel payments, the payment total is shown in the status bar at the bottom of the window.

Regards


Posted by Mark McLaren (Solar Accounts) on Jan 22, 2014 6:56 AM GMT

Thanks Mark - Your suggestion would fit the bill


Posted by Jack on Jan 22, 2014 10:39 AM GMT