To create a VAT-only Spend Money transaction

If you haven't already read the Spend Money Overview, see Creating VAT-only Spend Money transactions for more information.

The Spend Money window should be displayed.

  1. Choose a chebank account and enter the details of the cheque as you normally do. Enter the VAT amount to be paid in the Amount field.
  2. Enter an allocation account in the Allocation Account column.
  3. Enter £0.00 in the Amount column.
  4. Enter the appropriate VAT code in the VAT column.
  5. Click the zoom arrow next to the VAT field. Enter the VAT amount(s) in the VAT column. Click OK to close the VAT Information window.
  6. Click Record.

See also

Using the Spend Money window