How do I add Reverse Charge VAT Rates?
If your organisation uses the VAT100 report, reverse charge VAT codes and rates must be created for purchases and goods.
Add a VAT code and rate for reverse charges, for the following:
Reverse Charge Purchases
Enter the following information:
- Code — RCP
- Title — Reverse Charge Purchases
- Do not enter a value in Integer or Decimal
Reverse Charge Goods
Enter the following information:
- Code — RCG
- Title — Reverse Charge Goods
- Do not enter a value in Integer or Decimal