Set up a reverse charged VAT tax code

1

As per Manger Guides:
When creating the new custom tax code, give it an informative Name and select 0% in the dropdown Tax rate field. Select the tax liability
Account where you want the tax reported. Check the box for Reverse charged. When the percentage field appears, enter the rate of the
VAT tax to be reverse charged. Click Update
But Account dropdown is note appearing as per below screen view.?

RCM VAT code
RCM VAT code957×626 34.9 KB

2

You are quoting a version of the Guide more than 2 months old. You must be using an outdated PDF version of the Guides. The sentence you show in bold type was removed from the Guide when the tax code form was changed. You no longer need to select a tax liability account.

3

Noted