Hello Sage,
I am using Sage Accounts Production.
A client of mine has sent me a VAT only invoice and I am unsure how to input on Sage.
Zero Gross Amount & Zero Net Amount
Any help would be greatly appreciated
Kind Regards,
Gerard
Hello Sage,
I am using Sage Accounts Production.
A client of mine has sent me a VAT only invoice and I am unsure how to input on Sage.
Zero Gross Amount & Zero Net Amount
Any help would be greatly appreciated
Kind Regards,
Gerard
Hi Gerard,
Thanks for using Sage City, and apologies for the delay in reply.
You can enter a VAT only invoice by ensuring the Net amount is zero, however the VAT value will always increase the gross value as its classed as being part of the gross.
I hope this clarifes a little.
Regards,
Andy
Sage UKI
Hi Gerard,
Thanks for using Sage City, and apologies for the delay in reply.
You can enter a VAT only invoice by ensuring the Net amount is zero, however the VAT value will always increase the gross value as its classed as being part of the gross.
I hope this clarifes a little.
Regards,
Andy
Sage UKI
*Community Hub is the new name for Sage City