Questions & AnswersI Have An Invoice With A Non Standard VAT Amount. How Do I Enter It
dl asked 8 years ago

I Have An Invoice With A Non Standard VAT Amount. How Do I Enter It?

Hi, I have an invoice from UPS for import charges. The total invoice is for €150.68 but €136.18 of this is VAT. What is the best way to enter this?

Peter Connor Staff replied 8 years ago

That’s a lot of Vat. Is it a Vat bill that’s been sent separately, but part of a bigger bill?

Tks
Pete

dl replied 8 years ago

Hi Pete, yes there is another invoice with a non vat amount. I’ll combine the two. Thanks

0 Answers
Brendan_Brady Staff answered 8 years ago

The DHL invoice will include the VAT on the actual goods that you bought and also the VAT that DHL will charge for their delivery service. It sounds like you bought goods from outside the EU which is outside the scope of Irish VAT but now that the goods are entering the EU VAT is due at the point of entry (Ireland).
You can either amend the original invoice that you got from the supplier to account for the VAT or you can add the total of the DHL invoice plus the invoice from the supplier and enter it in Bullet as one transaction.
Hope this helps.
Brendan

dl replied 8 years ago

It certainly does, thanks for that.