Forum Message

Hi Mark

We received an invoice including 20% VAT for a table at an awards event which is 50% for staff entertainment (allowable input tax) and 50% for client entertainment (not allowable). How do I adjust the VAT liability in Solar Accounts?

thanks


Posted by Mark Atkinson on Oct 14, 2015 5:13 PM BST

Hi Mark,

Create a purchase invoice and tick the 'Price Includes VAT' option, then enter 50% of the total price on line 1 with a VAT rate of 20%, and 50% on line 2 with a VAT rate of 0%.

Cheers


Posted by Mark McLaren (Solar Accounts) on Oct 15, 2015 11:11 AM BST