Skip to main content
Solved

REVERSE VAT

  • November 9, 2020
  • 4 replies
  • 217 views

Forum|alt.badge.img

Hello everyone ;

 

How exactely does the reverse vat work? I created a reverse vat and a general one to cancel it while billing but it doesn’t work. I’ll have the tax amount on the bills of a EU clients.

 

Help !!!

 

Thanks 

 

Best answer by nvadera7

Hi Nawres

My setup for a client in the UK: Let me know if this helps or if you have found a better setup.

T

 

View original
Did this topic help you find an answer to your question?

4 replies

BenjaminCrisman
Acumatica Employee
Forum|alt.badge.img+4
  • Acumatica Support Team
  • 691 replies
  • November 9, 2020

Hi @NAWRES ! I would double check the help articles on VAT taxes and Recognizing Pending VAT and VAT Management

This is from the Recognizing VAT 

https://help-2020r2.acumatica.com/(W(12))/Help?ScreenId=ShowWiki&pageid=b60362c9-cd17-4bfe-92d3-a61c786e7b7d

 

I would double check your VAT configuration against the help article as well and make sure that it follows the recommended setup configuration needed

https://help-2020r2.acumatica.com/(W(12))/Help?ScreenId=ShowWiki&pageid=64353310-a668-43ce-bc96-82d7a0dd4635


Forum|alt.badge.img
  • Author
  • Jr Varsity II
  • 32 replies
  • November 9, 2020

I did  follow the VAT reverse configuration  to a T. Created the VAT  reverse; a general one


  • Jr Varsity I
  • 5 replies
  • Answer
  • December 8, 2020

Hi Nawres

My setup for a client in the UK: Let me know if this helps or if you have found a better setup.

T

 


  • Jr Varsity I
  • 5 replies
  • December 8, 2020

@NAWRES Sent you a setup reply.


Reply


Cookie policy

We use cookies to enhance and personalize your experience. If you accept you agree to our full cookie policy. Learn more about our cookies.

 
Cookie settings