Announcement: Domestic Reverse Charge for Construction and Building services
News posted by Tommy Chung 2 years ago
We're extremely happy to announce that we have now released the Domestic Reverse Charge VAT for Construction and Building services. This can be turned on under Settings > Configure System > Toggle Features > VAT & Bank import tool > Tick on Domestic Reverse Charge.
Once enabled, you will then be able to select this under the VAT treatment dropdown on the invoice/ bill creation form. The system will then ensure that the transactions are included in the correct VAT boxes.
For further details, please see: