Handling GRV's with suppliers that are not VAT Registered

[Richard]

Just looking for some guidance...

Am I correct thinking that if you buy and sell a product like Pie's for example, and the supplier isn't VAT registered, the way to handle the process of receiving and selling the product is to create two products, the first is a "RAW Material" that is VAT Exempt and to create a second product "Finished Product" that is Standard VAT. Then create a Bill of Material to link the two products?


Thanks

[Admin]

No! Too much hassle! When entering the GRV, simply change the VAT to zero as your other supplier for Pies might be registered!

[Richard]

Cool thank you!