Notifications
Announcements
No record found.
VAT reverse charge on sales is not working ?
*This post is locked for comments
Hi Christos,
What is your exact expectation here? Please provide more information.
Also note that using capitals only in your posts is considered as screaming which is not allowed on this forum. This time, I have corrected it for you.
thanks for listening: the question is that the reverse charge amount of vat is not posted to output and reverse charge account
to give an example : on the purchase journal vat reverse charge you have the base amount 100 euros and reverse charge vat 19% i.e 19 euros debit input and credit reverse charge vat.
on the sales based o reverse charge vat the entry does not post the 19 euro vat to the output and reverse charge account ?
Thanks for the details. The behavior is correct. On the purchase side, within the EU, we need to provide information for tax declaration which was not mentioned on invoices if you by goods from another EU country. The sales side is the opposite. If you have a valid EU VAT number, you don't charge the VAT; this is the responsibility of the customer. So for this reason, on the sales side, there is no posting; it is really exempt.
if it is not an EU sale (by the way eu sale is not exemp is reverse charge also ) and it is a local sale and you have to declare reverse charge ?
EU or Contractor reverse charge is handled in the same way. What I meant to say, is that you don't calculate your VAT on the sales invoices; which is translated by AX as "exempt". As customer or contractor, you are responsible to calculate VAT, based on the local rates when you post the vendor invoice.
PS. I cleaned the overview from duplicate posts and merged one reply on the original thread.
you mean that we have to calculate it outside the navision ?
please email an example to clarify it ?
Are you using Navision? Then you are on the wrong forum. But also in Navision, it will not create tax transactions for reverse charge on the sales side.
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
As AI tools become more common, we’re introducing a Responsible AI Use…
We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…
These are the community rock stars!
Stay up to date on forum activity by subscribing.
HoangNam 7
