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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! Go to Solution.
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.
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. :)
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:
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.
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.
IF NOT POSSIBLE THEN LET ME KNOW SOME OTHER SOLUTION FOR THIS PROBLEM.
I WANT TO INCLUDE VAT AMOUNT AS WELL
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.
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.
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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