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VAT Posting setup for Import of goods and setup in VAT Statement

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Hi Community,

Please help to setup VAT for import of goods in VAT Posting setup and how to add this import VAT in VAT Statement.

Company uses Postponed VAT Accounting, PVA. So no need to pay VAT immediately. Company declare and recover on the same VAT return, using the postponed VAT method.

Please share your experience.

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Dynamics 365 Business Central

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YUN ZHU 92,762 Super User 2025 Season 2 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Hi, You can refer to the standard settings below.

PS: Set up VAT statement templates and VAT statement names

https://learn.microsoft.com/en-us/dynamics365/business-central/finance-how-setup-vat-statement?wt.mc_id=DX-MVP-5004336

Hope this helps

Thanks.

ZHU

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Ramesh Kumar 7,511 Super User 2025 Season 2 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Hi,

I hope below can help you

https://thedynamicsexplorer.com/2023/09/06/dynamics-365-business-central-how-to-setup-and-configure-postponed-vat-in-the-uk/

https://learn.microsoft.com/en-us/dynamics365/business-central/finance-how-setup-vat-statement?utm

Thanks

Ramesh

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EO-15071029-0 127 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Thank you for your answers friends,

I just need to know how to post VAT amount in VAT Entries for import of goods. What scheme do you use for it?

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YUN ZHU 92,762 Super User 2025 Season 2 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Hopefully the following discussion can give you some hints as well.

https://www.dynamicsuser.net/t/posting-import-vat/20464/10

Thanks.

ZHU

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EO-15071029-0 127 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Found this article

https://thedynamicsexplorer.com/2023/09/06/dynamics-365-business-central-how-to-setup-and-configure-postponed-vat-in-the-uk/

Do smbdy use such way in community?

Are there there are more optimal ways?

1 people found this reply helpful.

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Ahmad Subhani 545 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Hi

Might be this can help you. https://www.dynamicsuser.net/t/posting-import-vat/20464/10

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DAnny3211 11,376 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Hi there,

Thanks for your question! When using Postponed VAT Accounting (PVA) in Dynamics 365 Business Central, you can configure VAT for imported goods so that it’s declared and recovered in the same VAT return.

Here’s how to set it up:

VAT Posting Setup

Create a VAT Posting Group specifically for imports (e.g., IMPORTVAT).

In VAT Posting Setup, assign:

VAT %: Set the applicable rate (e.g., 20%).

VAT Calculation Type: Use Reverse Charge VAT.

VAT Account: Set both VAT Payable and VAT Receivable accounts to reflect postponed VAT.

Purchase Setup

Assign the IMPORTVAT group to vendors and items related to imports.

Ensure the Purchase Invoice uses this VAT setup when posting import transactions.

VAT Statement Configuration

In the VAT Statement, include lines for:

VAT Base Amount (for imports).

VAT Amount (declared and recovered).

Use filters to isolate the IMPORTVAT group so it appears correctly in the statement.

Postponed VAT Reporting

The system will post both the VAT payable and receivable entries, allowing for net-zero impact but proper declaration.

Let me know if this helps, and please mark the response as helpful if it answered your question 😊

Best regards!

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Sohail Ahmed 11,089 Super User 2025 Season 2 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

@EO-15071029-0

For imports with Postponed VAT Accounting, you use a normal Reverse Charge VAT scheme in the VAT Posting Setup. That way, when you post the purchase, Business Central creates two VAT entries: one for VAT Payable and one for VAT Receivable, with the same amount. This posts the import VAT into the VAT Entries but nets to zero in the G/L. Those entries are then picked up in your VAT Statement for declaration and recovery in the same return.

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Andrés Arias 4,164 Super User 2025 Season 2 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

Hello,

The following information may be helpful:

https://www.youtube.com/watch?v=83xbqK610vs

https://www.youtube.com/watch?v=OfL81nbRtv4

https://www.youtube.com/watch?v=zLbs7auxkGU

I hope this helps.

Regards,

Andrés

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Khushbu Rajvi. 19,160 Super User 2025 Season 2 on at

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VAT Posting setup for Import of goods and setup in VAT Statement

this helps: https://thedynamicsexplorer.com/2023/09/06/dynamics-365-business-central-how-to-setup-and-configure-postponed-vat-in-the-uk/

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