If ABC business is VAT Registered but if some vendor is not VAT registered then which code should be used in QBO?
Hi nitinatideb
Thanks for joining the Community
Please refer to our VAT guide for information on VAT codes in QuickBooks. If you're unsure on which to use, we'd recommend confirming with your bookkeeper or accountant.
Receiving a bill/expense from a supplier who is not VAT registered - use Z=0 or Exempt (both have the same effect on the VAT Return which is the important thing).
Do not use NoVAT as this will bypass the VAT Return altogether.
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