Double sales tax on purchases

(0) Share

Report

Posted on by Community Member Microsoft Employee

Hello!

I have noticed that my VAT of 25 % on the purchases seem to be doubled amount when the vendor invoice is posted. If the pruchase price is 730 the vat ought to be 182,50 but in posting is 365. There is a purchase accrual or 730 on which the VAt seem to be calculated as well.

I am not sure where to look in the tax parts for this.

Has anyone a good tips on where to look for this? Has it to do anything with the posting profiles/validation?

*This post is locked for comments

All responses (3)

Answers (1)

Verified answer

Community Member Microsoft Employee on at

Like (0)

Report

RE: Double sales tax on purchases

It seemed to be solved when removing the wrong VAT code.

Thank you fro helping.
Community Member Microsoft Employee on at

Like (0)

Report

RE: Double sales tax on purchases

Hello

When I looked at detailed sales tax transactions I noticed that it was using the wrong VAT code. It was using the code for EU-sales and not the other code that I was expecting. I removed the code and will try to make a new posting to check.
André Arnaud de Cal... 291,820 Super User 2024 Season 2 on at

Like (0)

Report

RE: Double sales tax on purchases

Hi feodala,

It can be related to sales tax setup. Have you checked the sales tax details before posting? Is this correct? Please provide some more information.