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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / VAT in both debit and ...
Finance | Project Operations, Human Resources, ...
Answered

VAT in both debit and credit

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Posted on by d365 Dynamics comm... 8

Is it possible de get VAT relating to a vendor invoice or PO in both debit and credit ?

In Fact, the vendors does not invoice the VAT (foreign supplier of services)

But we have to take in account  a collected VAT on behalf of the vendor and also it is a deductible VAT.

best regards,

Karim BELHEDI

SPX

I have the same question (0)
  • Verified answer
    BillurSamdancioglu Profile Picture
    BillurSamdancioglu 21,399 Most Valuable Professional on at

    Hi,

    How I solved was to define 2 vat codes, one positive value and one negative.

    Assign to Vat group and item vat group.

    I created a seperate Vat group calling withholding tax before I assign the tax codes

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