VAT Processing for Non VAT Company
Posted: 17 Sep 2007, 12:45
Hi
Can anyone advise me please.
I am using Sage but for a not registered for vat company.
What VAT code/amount do I enter purchase invoices that have a VAT element even though I will not be claiming it.
Also my invoices obviously do not have VAT on them so what code do I use for these?
Many thanks
Deb
Can anyone advise me please.
I am using Sage but for a not registered for vat company.
What VAT code/amount do I enter purchase invoices that have a VAT element even though I will not be claiming it.
Also my invoices obviously do not have VAT on them so what code do I use for these?
Many thanks
Deb