cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

I have an expense for prescription Glasses that includes an NHS Sight Test. Is there an option to remove the cost but pay the VAT on the Sight Test value?

 
1 REPLY 1
Highlighted
QuickBooks Team

I have an expense for prescription Glasses that includes an NHS Sight Test. Is there an option to remove the cost but pay the VAT on the Sight Test value?

Hello Mitra-scotland, 

 

So to record this you need to do a 100% vat here are the steps to do this. 

 

You can easily enter a VAT only transaction. To do this, click on the + sign and select the transaction type that you need.

One the first transaction, choose the account you want to use. For the rate, enter £1, and for the VAT code, select the 20% Standard code.

On the second line, select the same account. For the rate, enter -£1, and choose an Exempt code.

The total of the invoice will be 0. You can then edit the amount in the VAT box to whatever you need it to be.