Vat (lcy)

kdn001
Member Posts: 2
Case:
Dutch supplier invoices in USD with exchange rate 1€ = 1,25 USD to a Dutch business.
The invoice is USD 1.190. So the VAT is USD 119 = € 95,20
The Dutch business has exchange rate 1€ = 1,10 USD.
The VAT is now USD 119 = € 108,18.
This is forbidden by Dutch Law.
The supplier pays the Tax for € 95,20 and the Business collects € 108,18.
Has anybody created here a solution for?
Like a VAT (LCY) in the F9 of the invoice?
I hope you can help me.
Best Regards,
Klaas Nienhuis
Dutch supplier invoices in USD with exchange rate 1€ = 1,25 USD to a Dutch business.
The invoice is USD 1.190. So the VAT is USD 119 = € 95,20
The Dutch business has exchange rate 1€ = 1,10 USD.
The VAT is now USD 119 = € 108,18.
This is forbidden by Dutch Law.
The supplier pays the Tax for € 95,20 and the Business collects € 108,18.
Has anybody created here a solution for?
Like a VAT (LCY) in the F9 of the invoice?
I hope you can help me.
Best Regards,
Klaas Nienhuis
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