3
It would be great if there is a provision to calculate VAT on Margins.
https://www.gov.uk/vat-margin-schemes
As per the Partner many local software are rolling out the feature in UK localization.
VAT margin schemes tax the difference between what you paid for an item and what you sold it for, rather than the full selling price. You pay VAT at 16.67% (one-sixth) on the difference.
https://www.gov.uk/vat-margin-schemes
As per the Partner many local software are rolling out the feature in UK localization.
VAT margin schemes tax the difference between what you paid for an item and what you sold it for, rather than the full selling price. You pay VAT at 16.67% (one-sixth) on the difference.
STATUS DETAILS
Needs Votes
Business Central Team (administrator)