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Level 3

Why is there a -1980% VAT rate?

I am seeing under Select VAT in Banking the following at the top of the list: "20.0% ECS (-1,980% Purchases)"

1 REPLY 1
JamesC
QuickBooks Team

Why is there a -1980% VAT rate?

Welcome to the UK community page.

 

This is not the way the code is designed to work, Could you click into your Taxes Section, and into Edit VAT and "Edit Rates" and then send us a screenshot of the codes, if there is an edit button on 20.0% ECS, please click it, and screen shot us what you see.

 

Thanks

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