VAT Settlement

n_c_balaji

Hi,

I have created a VAT statement for one of my customer. The problem is that my client is only eligible for X% of Input tax, Set off Y% of Output Tax. How can I set up a VAT formula to enable this.

I tried the Row totalling in the VAT Statement but it does not work.

Has anyone tried this before..........

Regards,

Balaji

AdamRoue

How are you VAT codes defined and assigned to customers/vendors and items? This is how the % is handled.

n_c_balaji

Hi Adam,

I am trying to run the Calc & Post VAT settlement process....



With Regards,

Balaji