QB Issue Resolution:
We understand exactly what you are referring to and agree that the wording maybe misleading in the Manage VAT rates and we will raise this to our developers. Using the 20%ECG when creating tan Expense/Bill will have the desired affect +/- VAT at 20% to Box 2 & 4, +/- Net Purchase to Box 7 & 9.
Resolution for Issue 'Should I use 20% ECG for purchases of goods from Germany. When I go to Manage Rates this comes up as SUPPLIES but on website it says PURCHASES. Please help. Thank you' available: Yes (Solved).
Source: Intuit Community forum.
Should I use 20% ECG for purchases of goods from Germany. When I go to Manage Rates this comes up as SUPPLIES but on website it says PURCHASES. Please help. Thank you: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for developers
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