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Alternative currency for VAT entries

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Posted on by Barbora Golasowska

Hi everyone,

I’m aware that multiple VAT registrations for customers were introduced in v25. However, we also need to solve this for the company itself.

Here’s our scenario:

We’re a single business entity with one Business Central company, but we have multiple VAT registrations. For example, we have a Czech VAT number (CZ) and also a Slovak VAT number (SK), because we do business in both countries.

We submit one VAT return in the Czech Republic using the CZ VAT number, and a separate VAT return in Slovakia using the SK VAT number. In Business Central, we know how to separate VAT by jurisdiction, and we can run the Tax Report once with the CZ VAT number and then again with the SK VAT number. So far, so good.

The issue appears when it comes to currency.

VAT entries are stored only in the accounting currency — in our case CZK. But for the Slovak VAT return, we need those entries in EUR. The Additional Reporting Currency feature doesn’t help here because VAT entries themselves don’t store the reporting currency amounts.

So my questions are:

Is support for VAT entries in an alternative currency on the product roadmap?

Or is there any standard way to achieve this in Business Central today?

Thanks in advance for any guidance or confirmation.

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Dynamics 365 Business Central

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AndrewThomas81 496 on at

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ACY value and calculation is only designed for reporting

Are all the transactions for the Slovak VAT return in EUR or a mixture of currencies?

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Pallavi Phade 5,420 Super User 2026 Season 1 on at

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Namaste @BG-18111529-0

We have not implemented this . I m just thinking aloud .

Requesting you to verify all scnearios and do the needful in sandbox and prcoeed

Proposed Solution

1)Create two additonal columns for base additonal currency amount and Vat Addtional Currency amount .

2)If additonal reporting currency is implemented then use "Additonal Currency " Logic and calculate in VAT entires

3) This you need to create script to populate the amount in VAT entries . You can also use values from GL entry.

Or

You can submit ideas to Microsoft .

https://experience.dynamics.com/ideas/

Regards

Pallavi Phade

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Barbora Golasowska 73 on at

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@AndrewThomas81, thanks for the quick reply. They are all in EUR.

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AndrewThomas81 496 on at

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Thanks for the response. In that case I would suggest added the source currency fields (source currency code, source currency VAT amount, source currency VAT base) to the VAT entries, you should then be able to open that data in Excel and summarise per period using the EUR values.

I am assuming you already have VAT setup to differentiate between CZ and SK.

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OussamaSabbouh 12,965 Super User 2026 Season 1 on at

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Hello,

Business Central currently does not support true multi-VAT registrations in different functional currencies within a single company. VAT entries are stored in LCY, and although Additional Reporting Currency can help for reporting, it doesn’t create a parallel VAT ledger per registration in another currency. There’s no general roadmap feature today that provides independent VAT accounting currencies per VAT number inside one company. In practice, customers either handle foreign VAT return currency conversion outside BC or set up separate companies per VAT registration (each with its own LCY), which is the cleanest structural solution.

Regards,
Oussama Sabbouh

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Barbora Golasowska 73 on at

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Hi everyone,

Thanks so much for your insights. I have shared your suggestions with my team.

Kind regards,

Barbora Golasowska

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