To record the sale to other VAT registered businesses

To record sales of wholesale communications services, you should post transactions using tax code T20.

Note: Sale transactions posted with a T20 tax code only appear in box 6 on your VAT Return.

Currently all transactions you post to a customer with a valid VAT registration number using a T20 tax code appear on the RCSL.

However, these transactions don't need to be shown on the RCSL Return. Therefore, after running the RCSL Return, you should amend the csv file and remove any entries for sales of wholesale telecommunications services.

Tip: To help you identify the entries you need to amend, when running the RCSL, you can print a detailed version of the list.

• VAT > Reverse charge > Print > select the RC Sales Details check-box > select the required output > Run.
  
  Sage Accounts 2014 (v20) and below - Company > Tasks pane > Manage VAT > Reverse Charge > Print > select the RC Sales Details check-box > select the required output > Run.

To remove a whole entry for a customer on the RCSL csv file

1. Browse to the file via Windows Explorer.


2. Right-click > Open with > Notepad.


3. Identify the customer you want to remove using there VAT registration number.


4. Delete the whole line.


5. File > Save.

To amend an entry for a customer on the RCSL csv file

1. Browse to the file via Windows Explorer.


2. Right-click > Open with > Notepad.


3. Identify the customer you want to amend the entry for using there VAT registration number.
   


4. Amend the entry to the value you want it to be.


5. File > Save.

To record the purchase

To record purchases of wholesale communications services, you should post transactions using tax code T20. For help checking or amending tax codes in Sage Accounts, please refer to article > Sage default tax codes.

Note: Purchase transactions posted with a T20 tax code appear in boxes 1, 4 and 7 on your VAT Return. No VAT is shown in box 5 as boxes 1 and 4 cancel off against each other.