Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Hello,
It can sometimes try to guess VAT codes, usually based on what code you have used on similar transactions, however it will not post this automatically into the account - you need to check over the transactions and change the VAT code accordingly before adding. You can re-add these manually, making sure to use the No VAT code.
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Hi JAKING,
Are these transactions in the Wages and Salary control account added directly into QuickBooks from the bank for-review screen?
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Are any VAT codes applied against the transactions?
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
I think they were default marked as exempt? I have had to delete them all off the system as it was skewing my VAT - I'm not sure why it would try and allocate a VAT code to a bank transaction that was paid out?! It seems that it also tries to do this to items paid in as well.
Why are bank transaction marked as Wages and Salary Control appearing on my VAT return as 0%?
I just wanted them to appear on my P&L, the accountant does the wages!
Hello,
It can sometimes try to guess VAT codes, usually based on what code you have used on similar transactions, however it will not post this automatically into the account - you need to check over the transactions and change the VAT code accordingly before adding. You can re-add these manually, making sure to use the No VAT code.
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