Some accounting help
OK, I need some help
If anybody uses MS Accounting even better...
I pay the VAT to my suppliers rather than the customer paying the VAT - basically because I'm not VAT registered and its another headache I dont need to worry about
But anyway, in MS Accounting whenever I do quotes and stuff its adding VAT to my products, but in my product specification I have the VAT rate set as Purchase VAT, which is obviously being added to the sale rather than the purchase so what VAT code should I set the product to? VAT exempt? or just remove the VAT from the sale manually
TIA
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