A contractor has given me an invoice. The VAT is reverse charge. How do i input this into SA, do I treat it as 0% vat at this point?
Thanks
Richard
Hi Richard,
When a subcontractor issues you with an invoice where the VAT is reverse
charge, in Solar Accounts create a purchase invoice with the VAT set to 0%
and then click More Options > VAT Treatment > Domestic Reverse Charge
Applies. Solar Accounts will then show the VAT amount in Box 1 of your VAT
return as required by the Domestic Reverse Charge rules.
