Ok, so now that I have Quickbooks Online, I now see the ECS VAT codes as well as the RC. Now I just want to confirm which code I should be using to account for RC purchases such as Google Adwords? The main difference I see is that ECS 20% inputs into box 2 on the VAT return and RC into box 1. I have always used RC in the past, do I continue to use that?
Its a service so ESS is correct code or ECS in Online the RC was specific for another type of Reverse charge code.
Has to post to boxes 1, 6, 4, & 7
Thank you for contacting Community.
On QuickBooks you would be able to access a breakdown of the names of the VAT codes on the system. You can find this by going to the taxes page and clicking Edit VAT in the top right corner and selecting Edit Rates. This would provide a description of VAT codes available.
Unfortunately we would not be able to provide advice on the suitability of the VAT codes, as we are only specialists in the QuickBooks Product. I would recommend speaking with HMRC directly. I will include a link to their contact details and their VAT page here.