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Ebbage
Level 1

Domestic Reverse Charge - DRC - upcoming changes construction

Hi everyone,

 

has there been any news when the QBO will be updated with the correct VAT codes or is this required to be done manually? I have guidance from Xero/Sage but nothing from QuickBooks yet.

 

Thanks,

Ryan

 

15 REPLIES 15
Ashleigh1
QuickBooks Team

Domestic Reverse Charge - DRC - upcoming changes construction

Hello Ebbage, 

 

Welcome to the Community page, 

 

So we have no information update yet of this, you can have a look at this article, but it will be ready to use on the 1st March 2021 in Quickbooks. 

Michelle Turner
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

I have been sent this link to amend the codes 

https://quickbooks.intuit.com/learn-support/en-uk/taxation/vat-domestic-reverse-charge-for-cis/01/78...

 

Be careful and note there are a few errors in there (screenshot for standard purchases shows 0% however instructions rightly state -20%) 

Also - be aware these changes will calculate your VAT correctly -- however your invoices will need a manual note and calculation to show how much VAT and that reverse VAT is applicable -- really not ideal to say the least!

 

Ebbage
Level 1

Domestic Reverse Charge - DRC - upcoming changes construction

Hi Michelle,

 

Thanks for this, but I am right in saying this is just for the desktop version? I believe the online version QuickBooks will be releasing codes similar to the brexit codes released at the start of the year. 

 

Thanks! 

EmmaM
QuickBooks Team

Domestic Reverse Charge - DRC - upcoming changes construction

Hello Ebage, we'll be adding 2 codes for the upcoming changes in  QuickBooks Online, we have updated this link and added a q and a as well on the domestic reverse charge.

Rem11
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

When will changes be available for QB Desktop? Just over a week to go and should have originally been ready October 19

Michelle Turner
Level 2
GeorgiaC
QuickBooks Team

Domestic Reverse Charge - DRC - upcoming changes construction

Hi Rem11

 

 

Thanks for joining this thread, 

 

We've released a guide here that covers how to create both the 5% and 20% domestic RC CIS codes, please get back to us below if you have any queries. 🙂

Rem11
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

The guide seems to fall at the first hurdle. I have QB Desktop 21. If you right click LISTS as indicated I get nothing?

Michelle Turner
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

Go into VAT - VAT code lists to find those codes

For VAT items and groups enter list / item list and VAT items and groups are in there 

Rem11
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

OK. Got to Lists and rt clicked an item to get to the entries and follow all the proceedures.

All worked fine for Sales when I did a dummy invoice.

For entering dummy bill I put £100 in amount due. Under Items I put in £100 into amount and chose CIS RC VAT code. This puts -£20 in VAT Total and £20 into Expenses and then says not in balance so will not register bill. Have I done something wrong. I need some help please.

JonpriL
Moderator

Domestic Reverse Charge - DRC - upcoming changes construction

Hello @Rem11,

 

You did nothing wrong. Since you're still unable to enter a purchase for DRC with the correct VAT codes and rates, I'd recommend contacting our Customer Care Support.

 

With their tools, one of our specialists can pull up the account on file and guide you on how you can finish recording the purchase completely. To do so:

  1. Go to Help.
  2. Select QuickBooks Desktop Help.
  3. Click Contact Us.
  4. Enter Domestic Reverse Charge in the Tell us more about your question? field.
  5. Click Search.
  6. Chose a channel where you want to connect with our specialists.

Additionally, I've also included this reference for a compilation of articles you can use while working with us: Help Articles for QuickBooks Desktop.

 

If there's anything else that I can help you with, please let me know in the comments below. I'll be here to lend a hand.

Rem11
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

There is no 'Contact us' to Click under help.

I repeat: I have gone through the 'guide' and followed all the instructions for the CIS 'update' for QB Desktop 21. Sales is fine but processing bills does not work. There is a discrepancy in the CIS Revers charge for Purchase Standard Item. Point for indicated -20% but screen grab indicates 0% under VAT Rate. Neither work. Just comes up with 'Not in balance' when I do a dummy bill.

I pay for support every month and would like somebody to contact me or give me a means to talk to someone. You have 7 days till this is a legal requirement and I need time to test. This is not acceptable from a company the size of QB. There should be a proper patch in place that works. Not sure how HMRC are going to react to 'my software doesn't work'. On a par with 'my dog ate my homework'. If Sage & Xero can do it why can't QB?

EmmaM
QuickBooks Team

Domestic Reverse Charge - DRC - upcoming changes construction

Hello Rem11, f we can ask you to call our desktop support on 08082349537 and they will be able to do a screen share and help make sure the codes are set up and work correctly for you/

Rem11
Level 2

Domestic Reverse Charge - DRC - upcoming changes construction

The number given is NOT a QB help line or even connected with QB!

EmmaM
QuickBooks Team

Domestic Reverse Charge - DRC - upcoming changes construction

Hello Rem11, Apologies that has not uploaded correctly, the number is 08081689535.