VAT - Tax not charged in invoice ?

pashya1972

Hi

If for any tax invoice tax has not been charged due to wrong selection of tax group code or so.
>> Can we rectify it through some method? or we will ve to reverse the entire transaction and pass new invoice?.. But in case of Sales invoice it may not be possible to reverse the sale invoice due to excise procedure to be followed.

>>Tax diff.debit note is a better option but then in such case we cud not trace the source record and tax record does not get updated.

>> Is there any way to update tax records for tax not chg at all or wrongly chg?

Prashant

ssingla

pashya1972 wrote:

Can we rectify it through some method? or we will ve to reverse the entire transaction and pass new invoice?.. But in case of Sales invoice it may not be possible to reverse the sale invoice due to excise procedure to be followed.

There is no such problem. You can cancel the invoice and then issue a new invoice.

pashya1972

Thanx, however since there r formalities like cancelled invoice needs to be submitted to excise, then also we need to make return order, credit memo. To avoid this i need some wayout if any..

Prahsnat

ssingla

You cannot bend the system because the user has made some mistake and he does not want to follow the legal procedure to rectify the mistake.

pashya1972

Yes i fully agree but thought that there cud be some method e.g.vat adjustment jorunal through whcih we can update the tax records or make supplimentary tax debit note


Prashant

ssingla

You can use the Vat opening balance feature to post the VAT amount in the related table. Then you need to pass the journal voucher/sales invoice to post the transaction to the customer account.

ssingla

I do not recommend the procedure though...

ritesh.singh

pashya1972 wrote:

Yes i fully agree but thought that there cud be some method e.g.vat adjustment jorunal through whcih we can update the tax records or make supplimentary tax debit note

You should always allow system to run the complete cycle so that it can produce the report or information you want, never try to shortcut any process.