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

TomThorne · ‎March 06, 2019

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?

TaliaI · ‎March 06, 2019

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 · ‎March 06, 2019

Thanks for getting back to me.

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

TaliaI · ‎March 06, 2019

Hello TomThorne,

You can find our Facebook through QuickBooksUK.

Thanks,

Talia

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