20% RC CIS

DN G · ‎March 03, 2021

Hi,

I have called QB to try and resolve an issue that the invoice does not show the new (20% RC CIS) reverse charge figure.

I have spoke to one of the contractors we use this morning and they have confirmed that the invoice needs to show the amount that has been reverse charged.

Mine invoices are not doing this, nor are they showing in our vat section.

Surely even thought we are not paying the vat there has got to be a trace of it!?

If any one can shed any light on this, as I am struggling to get right information to put this right.

Thanks :)

GeorgiaC · ‎March 03, 2021

Hi DN G

Thanks for your post,

At the moment, when using the 20% RC CIS code this will not automatically show on the invoice to the customer or on the VAT summary, instead, this will need to be manually entered, for instance in the memo or description field. We'll be making changes to this in the future to ensure the process is as smooth as possible for all customers, if you have any queries on this please get back to us below. :)

View solution in original post

GeorgiaC · ‎March 03, 2021

Hi DN G

Thanks for your post,

At the moment, when using the 20% RC CIS code this will not automatically show on the invoice to the customer or on the VAT summary, instead, this will need to be manually entered, for instance in the memo or description field. We'll be making changes to this in the future to ensure the process is as smooth as possible for all customers, if you have any queries on this please get back to us below. :)

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