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Post Info TOPIC: Vat on Pub Sales


Veteran Member

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Posts: 81
Date:
Vat on Pub Sales


I have a new client - public house and just doing the vat return. I get a z reading from the till every day wich i have entered in to the 4000 nominal as a gross amount? is that correct? Will the z reading have Vat on the total amount. They dont serve any food , just the usual crisps and nuts. ? Thanks 



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Senior Member

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Posts: 227
Date:

The Z reading will include VAT. Do check that the cash takings match the Z reading, though.

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Senior Member

Status: Offline
Posts: 227
Date:

The Z reading will include VAT. But do check that the takings match the Z reading!



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Veteran Member

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Posts: 81
Date:

Thank you, so i just hit F9 when i enter the total amount? Their vat bill seems to be very high. ?



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Senior Member

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Posts: 227
Date:

The simple cross check is to multiply the gross takings by 1/6 (the VAT fraction). Hope this works!



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Veteran Member

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Posts: 81
Date:

ok will try it thanks very much - Linda



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