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TomThorne
Level 1

VAT Flat Rate UK - Net Value of Purchases showing as zero

I've setup my historical accounts on QuickBooks and the only issue I have is that when I prepare VAT returns using the Flat Rate Scheme it shows no value in Box 7 'Cost of Sales'.

 

I've selected the Flat Rate scheme and set the rate in settings.  I'm coding the expenses as Purchases - Cost of Sales VAT 20% S. 

 

Does anyone know they're not showing up on the form?

3 REPLIES 3
TaliaI
QuickBooks Team

VAT Flat Rate UK - Net Value of Purchases showing as zero

Hello TomThorne,

 

Do you have access to Facebook or Twitter so you can send us a screenshot of the code you are using through private message?

 

Thanks,

 

Talia

TomThorne
Level 1

VAT Flat Rate UK - Net Value of Purchases showing as zero

Thanks for getting back to me. 

 

I can send a screenshot on Facebook, who should I message?

TaliaI
QuickBooks Team

VAT Flat Rate UK - Net Value of Purchases showing as zero

Hello TomThorne,

 

You can find our Facebook through QuickBooksUK.

 

Thanks,

 

Talia

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