Vat setup question

easabangan
easabangan Member Posts: 114
edited 2007-11-23 in NAV/Navision Classic Client
Creating a sales/purchase journal does not pick up the vat business posting group on the customer / vendor setup? And when you put it manually it gives you error?
No future at CPI

Comments

  • sendoh
    sendoh Member Posts: 207
    what is the error? double check you're setup ...
    Sendoh
    be smart before being a clever.
  • easabangan
    easabangan Member Posts: 114
    edited 2007-11-23
    Setup is ok. I am using the nav 4 sp3 cronus database philippine version. Just curious in this matter, because of the financial effect. What if for example you have 2 customer let say CustA and CustB. CustA is with vat and CustB is with non-vat. And the setup of your vat is attach in the balancing account you will use. If you use it with CustA the transaction will be right, but if with CustB its not because vat will be included in the posting..
    No future at CPI
  • easabangan
    easabangan Member Posts: 114
    Another question is why do we need to attach the vat to the G/L accounts?

    Please enlighten me on this setup....
    No future at CPI

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