Vat on Another Vendor

Hayan

Dear All,

I have a case where I am buying from one vendor and the VAT from this operation i want to post it to another Vendor. Any body faced such a scenario that can help me.

Best
HAYAN

geordie

If you are posting a purchase order or purchase invoice, you can fill the "Buy-from Vendor No." field with the vendor you are buying from and "Pay-to Vendor No." with the supplier for which you need to post VAT.

Hayan

Dear,

I know i can do that but this will post the parables to the Pay-to Vendor No. however what i want is to post the payable from one vendor and the VAT to another vendor.

Best
HAYAN

tinoruijs

What you want, seems unlogical to me and I think it's not even legal in most countries.
Could you explain the situation?

Hayan

Dear,

the situation is as follows:
The Company is buying a custom duty from vendor ABC Through another Vendor XYZ which in his turn selling the Company ( Freight and Insurance). so the Company is paying Vendor XYZ all the service and Vendor XYZ is paying to vendor ABC. so in another words the company is buying Custom from ABC through XYZ. so the government is asking to differentiate between the purchases of Vendor ABC and Vendor for VAT declaration Purpose.

I hope this will clarify the situation.

Best
HAYAN

tinoruijs

Still a bit unclear to me.
Do you receive 1 invoice or more?
Maybe you have to split 1 invoice into two in your admininstration. If that's legal. :-k So 1 invoice for the goods/service and 1 for the VAT.

And you've tried what Geordie suggested?

Hayan

yes i tried it will post to the payable account of the pay to vendor.
even though two invoice, the problem is that they want to divide the amount between two vendor entries. this is what is confusing me.
thx tinoruijs, i will try to suggest for them your solution. lets hope they agree.

Best
Hayan