VAT Statement - posting date or document date

2navornot2nav
2navornot2nav Member Posts: 4
edited 2008-11-06 in NAV/Navision Classic Client
Hello,
I am currently looking into the VAT statement templates. What i noticed is that the VAT statement is calculated based upon the posting date and not on the document date.

For example:
a purchase invoice dated october 30th, but posted on november 2 (for whatever reason) will not be part of the VAT-statement of october, but only in november. This does not seem logical to me as the invoice date should be the date on which the liability has started.

Does anybody have an explanation why this is and whether this can be changed?

any ideas?
thx.

Comments

  • AdamRoue
    AdamRoue Member Posts: 1,283
    The document date is only used for the calcualtion of payment. Everything else, including when it hits your ledgers is the posting date. If you are altering these but posting it upon receipt the VAT is only liable at this point, the reference of the document date indicates when the document was sent/dated, but your liability is posted as when you receive it. Pretty sure you would not have an audit issue with this, but feel free to ask them.
    The art of teaching is clarity and the art of learning is to listen

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