Hi,
I have just received an invoice from a supplier who is vat registered and on the CIS scheme. I know how to account for the Cis bit of the invoice, but i but don't know how to account for the reverse vat portion, as i have not done this before. could you explain how to to enter this into solar accounts?

Love Solar Accounts by the way.

Colin.

Hi Colin,

If you have a supplier who issues you an invoice under the domestic reverse
charge scheme, create a Purchase Invoice and set the VAT rate to 0% then
click More Options > VAT Treatment > Domestic Reverse Charge Applied

Thanks Mark.

Colin