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