Deductable VAT

(0) Share

Report

Posted on by Community Member

In our organisation we have activities from which a part of the VAT is deductable.
For instance the VAT is 21%, 16% is deductable and 5% is non deductable.
I know that there is software in which you can fill tables with this variables.
So when you book an invoice the right amount of VAT is taken in account.
Does MS Dynamics NAV supports this kind of facility?

*This post is locked for comments

I have the same question (0)

All responses (5)

Answers (1)

Sort by

Suggested answer

Mohana Yadav 61,214 Super User 2026 Season 1 on at

Like (0)

Report
Copy link

Link copied!

Yes, you can define VAT Posting setup with VAT Prod. Posting Group as VAT21% etc and Tax % is 16. I know it is bit confusing but we can setup in NAV

Was this reply helpful? Yes No
Mohana Yadav 61,214 Super User 2026 Season 1 on at

Like (0)

Report
Copy link

Link copied!

example image attached.

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report
Copy link

Link copied!

Invoice 2.400 (including 20% VAT)

Non deductable VAT 15%

VAT VAT VAT Ident.. VAT% VAT Calc. Sales VAT Purchase VAT

National FULLVAT20 FULLVAT20 20% Full VAT 5613 5633

National PARTVAT20 PartVAT20 5% PART VAT 5633

Does PARTVAT20 generate following booking:

Received Goods 2.300

Deductable VAT 100

Accounts Payable 2.400

Was this reply helpful? Yes No
Verified answer

Mohana Yadav 61,214 Super User 2026 Season 1 on at

Like (0)

Report
Copy link

Link copied!

in my case,

inv without tax is 2300

tax is 115

ledger entries posted as

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report
Copy link

Link copied!

Thanks!

Was this reply helpful? Yes No