Dear Quickbookers
I have imported IIF transactions into Quickbooks. Everything looks fine, except for the VAT. The bill correctly shows the VAT category as "S" for standard, but the VAT does not show on the transaction. If I change the VAT type to "O" for zero rated, and change it back to "S" again, the VAT shows correctly. After recalculating the entire transaction, the totals match and I can save the transaction.
Doing this for more than a thousand transactions is very tedious though. Is there a utility or function that can process these transactions in bulk?
Best regards
