Hi David1955,
Its possible to enter this all on one expense however I'd recommend recording it on two separate transactions for ease.
To record the 100% reclaimable mileage vat, create an expense with the details below:
1) Select the date and bank account
2) Set the 'Amounts are' as Exclusive of TAX
2) On the first line, select an account on the category drop-down, enter the amount as 0.01, and choose the 20% S VAT code
3) On the second line, choose the same account and enter the amount as -0.01 with the Exempt 0% VAT code
4) Scroll down to the 'Includes VAT @' and edit the amount in the box to the amount to reclaim
This will post the full amount to box 4 on the VAT return.
You can add additional lines to the expense for the split-transaction but this will change the VAT amount you have entered to 0.00 and you would need to calculate the overall VAT amount
Thanks!
