Forum Message

VAT on partly private telephone bill

How can I adjust the Vat reclaimed on expenses for instance I only claim 90% of vat on telephone bill 10% is for private use

Pat


Posted by Pat Butler on Dec 21, 2009 7:16 AM GMT

Hi Pat,

You will need to create two separate transactions - one with the usual VAT Treatment (ie 'Purchase of Goods or Services from UK Supplier') and the other with VAT Treatment of 'Out of Scope'.

Regards,


Posted by Mark McLaren (Solar Accounts) on Dec 21, 2009 8:57 AM GMT