Hi Guys
I’m currently setting things up for a client in Switzerland and have noticed an issue with the invoices they receive from the Swiss Border Department.
These invoices always include a line for VAT on imported products. This line represents the VAT charged for the import of the product, at 100% VAT.
I tried creating a VAT code with a 100% rate and attempted to post the entry, but I found that the system only calculates 50% of the VAT from that line instead of the expected 100%.
The workaround I discovered is to set the value to 99.99999%. While this works in some cases, it seems to create a limitation when dealing with very large amounts, as shown in the attached screenshot.
Has anyone experienced this issue before, or does anyone have a better solution to ensure the correct VAT is applied for these invoices?