Hello!
Using the API I created a bank transaction explanation to explain my mobile phone payments.
I set the category to “Mobile phone”, which is a “normally VATable” category.
Had I been using the web interface I would have set the VAT to “Auto”; but the sales tax docs say you don’t need to specify a manual_sales_tax_amount
or a sales_tax_rate
if you just want the VAT of your category, so I didn’t specify either one. (Admittedly the docs are for expenses and bills, but I assume they apply to bank transaction explanations too.)
FreeAgent created the explanations but set each’s sales tax to 0% – not 20%.
Is this expected behaviour? Or should I specify the sales_tax_rate
when creating explanations with Auto
VAT?
Many thanks in advance
Yours,
Andrew Stewart