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louise-onwardcom
Level 1

Why is quickbooks rounding up the VAT?

 
1 REPLY 1
GeorgiaC
QuickBooks Team

Why is quickbooks rounding up the VAT?

Hi louise-onwardcom

 

The VAT is calculated per transaction line and values over 0.5 of one penny will be rounded up in line with HMRC guidance. 

 

Please get back to us below if you have any questions :) 

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