VAT Daybook Return - Box 6 should be updated when entering an Overseas Reverse Charge Purchase Transaction
When entering purchase reverse charge transactions there are 2 scenarios:
1.) Where box 6 should not be updated with the amounts (UK Local Reverse charges, aka Postponed Import VAT accounting (PIVA))
2.) Where box 6 should be updated with the amounts (Overseas Purchases, buying s...
Category: Financials - Other (58)