EC Purchases
Posted: 26 Mar 2013, 16:20
Good afternoon,
We currently purchase a product from NL and due to a Customs & Excise visit I have been told that I must include the purchases on my VAT return. Can someone please advise how I enter the invoice in Sage? Am I correct in assuming that the correct code is T7? and how do I get Sage to automatically transfer the acquisition tax to 9, 2 and 4 of the VAT return?
Your help is much appreciated.
Kind regards,
Denise
We currently purchase a product from NL and due to a Customs & Excise visit I have been told that I must include the purchases on my VAT return. Can someone please advise how I enter the invoice in Sage? Am I correct in assuming that the correct code is T7? and how do I get Sage to automatically transfer the acquisition tax to 9, 2 and 4 of the VAT return?
Your help is much appreciated.
Kind regards,
Denise