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kkkkkkkkkkk
Level 2

ITEMIZED VAT IN QUICKBOOKS ONLINE

HELLO,

I HAVE A SERIOUS QUESTION..

WHEN CREATING PURCHASE ORDER OR INVOICE I SEE FOLLOWING AVAILABLE FIELDS.

DATE, QTY, PRICE, AMOUNT, VAT%..

THE THING IS I WANT TO SEE VAT% IN AMOUNT AS WELL. HOW CAN IT BE DONE.

AS MY BUYER WANTS TO SEE HOW MUCH VAT HAS BEEN ADDED TO A SINGLE PRODUCT ITEM.

IF WE CANT SEE THAT PLEASE LET ME KNOW ANOTHER WAY OF DOING IT.

THANKYOU

Solved
Best answer September 28, 2020

Accepted Solutions
Ashleigh1
QuickBooks Team

ITEMIZED VAT IN QUICKBOOKS ONLINE

Hello Kkkkkkkkkkk, 

 

In Quickbooks, there is no way of setting it so show the vat amount for each item. it will only show you the vat for the total amounts. Unless each line has a different vat code on it then it will show you the total vat amount for the item in that code otherwise it just groups the vat and shows you the total vat amount for that code when you click on print/preview on the invoice it will show you ate the bottom of the page. 

 

We would suggest you leave the feedback from within the main cogwheel and this gets sent straight to our developers. 

View solution in original post

GeorgiaC
QuickBooks Team

ITEMIZED VAT IN QUICKBOOKS ONLINE

Hi kkkkkkkkkkk, 

 

Thanks for getting back to us. As you're needing the VAT amount to hit the return we wouldn't suggest using the non-inventory stock item as a workaround to the issue. 

 

The feedback feature is based on a customer-demand basis so the more input we can get for a specific feature then the higher the possibility that this will be implemented. We appreciate not all requests put forward are given the green light, as there are many determining factors that go into deciding this, including its need and practicality within the product, but each is read and considered by our development team on a weekly basis. :)

View solution in original post

6 REPLIES 6
RCV
QuickBooks Team
QuickBooks Team

ITEMIZED VAT IN QUICKBOOKS ONLINE

Great to have you here, kkkkkkkkkkk.

 

If you are referring to adding a column for the VAT amount, then that option is unavailable. QuickBooks Online (QBO) will automatically calculate the sales tax amount in the VAT field below the Subtotal section. If you'll want your customer to see the VAT you assign them per item, then we customize the invoice template. From there, just add the VAT as a separate column. 

 

Here's how:

 

  1. Click the Gear icon on the top menu.
  2. Choose Custom form styles.
  3. Tick Edit on the invoice template.
  4. Select Content.
  5. Tap the Table part of the sample invoice.
  6. Place a checkmark on VAT under the Columns section.
  7. Press Done

To learn more about adding VAT rates, see Set up and edit VAT settings, VAT codes, and VAT rates for more details. 

 

In case you need to track sales tax on the product and service item, follow the steps in Add product and service items to QuickBooks Online article. Then, go to Step 1: Add a new product or service item section. 

 

Visit our Taxes page for more insight about managing your VAT in your account.

 

Keep me posted if you need a hand with running VAT reports or any QBO related. I'll be here to ensure your success. Take care always. 

kkkkkkkkkkk
Level 2

ITEMIZED VAT IN QUICKBOOKS ONLINE

PLEASE READ MY QUESTION AGAIN.

VAT IS ALREADY INCLUDED. BUT I WANT TO SEE VAT% IN TERMS OF AMOUNT.

QTY    RATE     AMOUNT       VAT 20%IN AMOUNT

100      1            100                  20

 

IF THIS IS NOT POSSIBLE THEN PLEASE GIVE ME SOME OTHER SOLUTION FOR THIS PROBLEM.

kkkkkkkkkkk
Level 2

ITEMIZED VAT IN QUICKBOOKS ONLINE

IF NOT POSSIBLE THEN LET ME KNOW SOME OTHER SOLUTION FOR THIS PROBLEM.

I WANT TO INCLUDE VAT AMOUNT AS WELL

Ashleigh1
QuickBooks Team

ITEMIZED VAT IN QUICKBOOKS ONLINE

Hello Kkkkkkkkkkk, 

 

In Quickbooks, there is no way of setting it so show the vat amount for each item. it will only show you the vat for the total amounts. Unless each line has a different vat code on it then it will show you the total vat amount for the item in that code otherwise it just groups the vat and shows you the total vat amount for that code when you click on print/preview on the invoice it will show you ate the bottom of the page. 

 

We would suggest you leave the feedback from within the main cogwheel and this gets sent straight to our developers. 

kkkkkkkkkkk
Level 2

ITEMIZED VAT IN QUICKBOOKS ONLINE

its funny everytime I am getting a different answer from you guys.

One told me to use manual Sales Tax as a non inventory to resolve this issue.

The thing is i got your point that for different VAT code you see total for them but it would have been better if you guys just add 1 more column so we see % of VAT in terms of amount.

And about the feedback its not satisfactory as i have seen people giving feedback and still no result from developers side.

GeorgiaC
QuickBooks Team

ITEMIZED VAT IN QUICKBOOKS ONLINE

Hi kkkkkkkkkkk, 

 

Thanks for getting back to us. As you're needing the VAT amount to hit the return we wouldn't suggest using the non-inventory stock item as a workaround to the issue. 

 

The feedback feature is based on a customer-demand basis so the more input we can get for a specific feature then the higher the possibility that this will be implemented. We appreciate not all requests put forward are given the green light, as there are many determining factors that go into deciding this, including its need and practicality within the product, but each is read and considered by our development team on a weekly basis. :)

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