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By standard functionality, the VAT amount is posted as a separate line to the VAT account. Users normally do not post anything manually to VAT accounts, as this makes VAT review and calculation more difficult and complicates the reconciliation of VAT declarations. For the posting, the bad debt write-off should generate VAT treatment according to the original invoice through the ledger account, in the background as automatic transactions, as with regular voucher postings.

Category: Tax
STATUS DETAILS
New