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VAT Statement Report and VAT Statement Preview have an option for showing the amounts in additional reporting currency, why this option is not available in VAT Returns?
The use of both- LCY and ACY- is very important for international companies.
STATUS DETAILS
Needs Votes
Ideas Administrator

Thank you for this suggestion! Currently this is not on our roadmap. We are tracking this idea and if it gathers more votes and comments we will consider it in the future.

Best regards,
Business Central Team

Comments

D

Customer has local currency of USD and additional reporting currency of GBP. Despite being able to view the reports in GBP using the additional reporting currency option, they cannot submit their VAT statements using the MTD functionality with these GBP values. The MTD extension uses the local currency of USD which is incorrect as VAT must be submitted to HMRC in GBP.

Category: Financial Management