cancel
Showing results for
Did you mean:
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
Level 2

# Mobile App (Android) Calculates wrong VAT

I am very new to Quickbooks Online and I have an issue with the mobile app. I want to use the app for recording receipts , mostly travelling expenses but I do not understand how to input the VAT. I have entered the amount £5.49 which is inclusive of VAT so I have selected Tax is included in amounts and it calculates the VAT as £1.10. What am I doing wrong? (Should be 0.92!)

Solved

Accepted Solutions
Moderator

## Mobile App (Android) Calculates wrong VAT

Thanks for getting back to us, @PeterSM.

I checked the screenshot you've provided, and I noticed that you chose the 20.0% ECS code/rate. If you have to charge VAT at the standard rate on all goods and services you supply, I suggest changing it to 20.0% S. This will change the rate to 0.915 or 0.91.

That should point you in the right direction. Please let me know how it goes or if you have any follow-up questions. I'll be here to help. Have a good one.

3 REPLIES 3
Moderator

## Mobile App (Android) Calculates wrong VAT

Welcome to the QuickBooks family, PeterSM!

You're not doing wrong, and the app is calculating correctly. Your 20%- VAT is inclusive, so it's part of the 5.49 amount. If you calculate it, 20% of 5.49 is 1.098 (or 1.1 rounded off).

Are you also accessing QuickBooks using on your computer? If yes, you can check out the video tutorials for your reference in the future. We also have online articles an as alternative reference.

If you have questions in the future, you're free to post back.

Level 2

## Mobile App (Android) Calculates wrong VAT

OK 5.49 is VAT inclusive so to calculate the VAT element you divide by 120 and times by 20.

5.49/120=0.04575*20=0.915 which agrees with my receipt!

The reciept says 4.57 (exVAT) plus 0.92 (VAT) total £5.49.

Have I misunderstood?

Moderator

## Mobile App (Android) Calculates wrong VAT

Thanks for getting back to us, @PeterSM.

I checked the screenshot you've provided, and I noticed that you chose the 20.0% ECS code/rate. If you have to charge VAT at the standard rate on all goods and services you supply, I suggest changing it to 20.0% S. This will change the rate to 0.915 or 0.91.