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Vat return report seems to be missing out zero-rated transactions


#1

Vat return report seems to be missing out transactions with "zero-rated vat "designations when calculating “Sales & Purchases exc. Vat” for the period specified. Has included transactions with No Vat (0%) and with 20% vat and also with 5% vat.

have had to use the “Tax transactions report” to find the correct sales and purchase totals exc Vat to put onto the HMRC vat return form.


#2

Is this for UK?

I’m not able to reproduce this. When I use VAT Exempt tax code or VAT 0% tax code on transaction, it will be included in the VAT Return report.

Keep in mind, if you want accurate VAT report, you must be using in-built tax codes. Custom tax codes won’t show on VAT return.