Forum

• # 72999
• Fri 15 Jul 2011 01:05 PM

Hi All,

Im quite new to Sage and was wondering what VAT code i should be using.

I am not VAT registered, so am using code T9 (Not sure if that is right) does this also mean that all transactions should be recorded using code T9 for example when entering suppliers, paying invoices etc...... regardless of if my suppliers are VAT register or not?

Thanks
Natalie

• Natalie
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• # 73004
• Fri 15 Jul 2011 08:22 PM

Hi there,

Yes if you are not VAT registered you should be entering everything as T9.  You enter your supplier and customer invoices gross and put T9 in the tax code box  :-)

Pauline

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• # 73005
• Fri 15 Jul 2011 08:31 PM

Stardoe said:

“Hi there,

Yes if you are not VAT registered you should be entering everything as T9.  You enter your supplier and customer invoices gross and put T9 in the tax code box  :-)

Pauline”

• Natalie
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• # 76816
• Tue 22 Nov 2011 04:42 PM

What if you are VAT registered using sage but no VAT on invoice is it T9 or T0 x

• Lisa
  Cameo Bookkeeping and Accountancy Services
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• # 76818
• Tue 22 Nov 2011 04:49 PM

LisaBsaid:

“What if you are VAT registered using sage but no VAT on invoice is it T9 or T0 x”

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• # 76820
• Tue 22 Nov 2011 04:55 PM

Tonysaid:

“LisaBsaid:

“What if you are VAT registered using sage but no VAT on invoice is it T9 or T0 x”

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It depends Lisa.

I'd use T9 if the expense is outside the scope of Vat e.g wages but there's some debate about when t0 and t2 should be used. Anything you code as T9 won't be included on the vat return, so you need to be a little bit careful”

• Lisa
  Cameo Bookkeeping and Accountancy Services
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• # 76848
• Tue 22 Nov 2011 09:18 PM

Hi Natalie

What part of Hampshire are you from.

If you go onto the main ICB site there is a practice directory which you can search for you local ICB member,

I am sure if you contact one of them they would be able to provide some sage training or assistance on a face to face basis.

Kind regards
Stuart

• Forum Moderator, South East & Greater London Regional Chairman
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• # 76935
• Wed 23 Nov 2011 03:15 PM

Stuart Wildmansaid:

If you go onto the main ICB site there is a practice directory which you can search for you local ICB member,

I am sure if you contact one of them they would be able to provide some sage training or assistance on a face to face basis.

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Hi Stuart,

Are we allowed to do some Sage training?  (Not that I'm thinking of doing any)  I suppose it would be ok as long as we kept the training to our level of membership?

Pauline

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• # 77264
• Mon 28 Nov 2011 11:13 PM

Hi there

Need some advice, I work for a company that has taken on a Finance Director who used to be our Accountant who has been doing our VAT Returns, but we have got HMRC VAT Inspector in at the moment due to late payment of Revenue  issues & turns out have under paid VAT by at least 20k, & claiming VAT on private use of company car for Sales Manager & not charging him. What is the best way to check that all is been done correctly so this doesn't happen again?   

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