Postby roy » Wed Sep 01, 2021 9:39 am
Hello Alan
Thank you for your post
At this time, Landlord Vision does not support VAT. Also there is no way to add additional items to a rental invoice. Your options are as follows:
Head to Settings > Chart of Account > Add Account and set up an account for VAT and then either:
- Raise a separate charge invoice for the VAT, or
- Set the rent to zero and set up a series of charge invoices with the two items in. We encourage you try this on a test tenancy first as charge invoices are handled differently in the reports compared with rental invoices
- Alternatively, as you say raise an invoice for the full amount and then do a journal in the software after you have received payment transferring the sum from the Rental Income account to the newly created VAT account. The VAT will not be shown on the invoice as you pointed out
Kind regards
Roy