The Government guidance clearly expects sales to a US business customer for which no VAT is due to be included in box 6 of the VAT return. See extract below. The Quickbooks guidance suggests I use No VAT for sales outside the EU. If I do this, my sales to US customers will be excluded from box 6. How do I get around this? Do I need to create a new VAT code - Outside scope which feeds into box 6? I dont want to manually amend each quarter....
Thanks in advance for any advice
Box 6 total value of sales and all other outputs excluding any VAT
Show the total value of all your business sales and other specific outputs but leave out any VAT. Some examples are:
Currently QuickBooks does not have an out of scope code and instead has the NO VAT which does not hit the return at all. Do you just need to hit the net sale to box 6 and no other boxes?You have the option of using the Exempt code which will post the net sale to box 6 or yes you could create a custom code.
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