I have a customer who is partially exempt for VAT in the UK, so they can only claim a percentage of the VAT from suppliers
How can this be setup?
My first thought was to set the vendor to use prices including VAT and then set the VAT product posting group to the appropriate reduced %. Functionally this works, however most supplier invoices only have net figures on the lines, so entering is very time intensive as the user has to calculate the gross amounts for every line.
Partial exemptions is common in the UK so assume someone else has come across this.
