Using Quick Books, how does one capture an invoice from a shipping company, in which a very large portion of the invoice is VAT on the value of the imported goods, duties and disbursements. There is no VAT on the duty or disbursements.
The system has been set up with 3 VAT types, VAT included at 14%, Vat excluded at 14% and Zero rated VAT.
We need to get the VAT figure into the system, so that we can claim the VAT back.
I have tried to create a new Tax type but have been unsuccessful.