Hi. I have a newsagents and am moving my accounting online from the start of the next financial year. I have figured out how to put in the expenses with the correct VAT rates of 20% and 0% but I would like to know how do I do this on my sales. We will not be using quickbooks to track inventory items in the shop and will just be entering the total daily sales into quickbooks at 20% S VAT rate. How does it work out the 0% S VAT sales or is there something I am doing wrong? Any help would greatly be appreciated, thanks.
