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Only one VAT ledger entry for reverse charge purchase invoice posting in Dynamics Business Central

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Posted on by CL-10080733-0

Dear BC-community,

When I post a purchase invoice as a German country from a US software subscription, VAT reverse charge applies. I have everything set up in the VAT Posting Setup. The general ledger (G/L) postings are correct. However, I only get one VAT ledger entry although there should be two, as two accounts are posted to in the G/L. I only get a VAT ledger record for the amount I am getting back from the tax authorities (positive amount sign), not for the amount I have to pay TO the tax authorities.

Can somebody please help me and tell me what I'm doing wrong?

Regards

Christoph

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Hier nochmal auf Deutsch:

Nur ein MWSt.-Posten für die Buchung einer Reverse-Charge-Einkaufsrechnung

Hallo BC-Community,

wenn ich als deutsches Unternehmen eine Einkaufsrechnung aus einem US-Softwareabonnement buche, gilt die Reverse-Charge-Regelung.

Ich habe alles im Setup der MWSt-Buchungsmatrix eingerichtet. Die Sachposten sind korrekt. Allerdings erhalte ich nur einen MWSt.-Posten, obwohl es zwei sein sollten, da im Hauptbuch zwei Konten gebucht werden. Ich erhalte nur einen MWSt.-Posten für den Betrag, den ich vom Finanzamt zurückbekomme (positives Betragszeichen), nicht für den Betrag, den ich AN das Finanzamt zahlen muss.

Kann mir bitte jemand helfen und mir sagen, was ich falsch mache?

Viele Grüße

Christoph

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Dynamics 365 Business Central

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CL-10080733-0 7 on at

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Only one VAT ledger entry for reverse charge purchase invoice posting in Dynamics Business Central

Thank you Shauna for the detailed check and screenshots.

Does anybody else have the same behavior when posting reverse charge, i. e. only one VAT ledger entry?

This is a bug, if true, because this would be the same VAT ledger entry with and without reverse charge.
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SL-02010912-0 45 on at

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Only one VAT ledger entry for reverse charge purchase invoice posting in Dynamics Business Central

Hi,

I tried this on my UK version as we would do the same with reverse charge. See example below when posting a purchase invoice.

VAT Posting Setup

One VAT entry is created when posting.

Whereas the G/L has two entries based on the VAT Posting Setup above.

The way we set this up on our vat statement is as follows as we need to supply this reverse charge vat in two separate boxes (2 & 4).

Box 2 is setup to display

Box 4 is setup to display

So the same vat entry is used to display in two separate places but we change the sign so that the overall calculation is correct.

Hope that helps,

Shauna