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DimitriK
Occasional Member - Level 2

When using Affidavit the VAT setting should posted to Zero and Non-Recoverable.

Hi There,

Does anyone know, how to set the VAT setting to post Zero VAT and Non-Recoverable VAT in case an Affidavit is used?

Thanks & Rgds

Dimitri

1 Solution

Accepted Solutions
tstagliano
Occasional Member - Level 3

Re: When using Affidavit the VAT setting should posted to Zero and Non-Recoverable.

Dimitri,   You could also set the condition up within the Tax and Reclaim Groups setup to look at the Missing Receipt Affidavit field to see if the affidavit is set and if so, it will assign the zero tax rate that is unrecoverable

Thomas Stagliano, M.I.T.
3 Replies
micklavers
Occasional Member - Level 1

Re: When using Affidavit the VAT setting should posted to Zero and Non-Recoverable.

Dimitri, the Receipt Status will typically determine the VAT rules calculation.  When the Missing Receipt Affidavit is used the receipt Status should be "No Receipt" and the VAT calculated accordingly.   In some countries you can still claim the VAT/GST when using the Affidavit below a $ threshold. 

You can add an Audit Rule to ensure the user can't use the Affidavit AND claim to have a Receipt or Tax Receipt.  Mick

tstagliano
Occasional Member - Level 3

Re: When using Affidavit the VAT setting should posted to Zero and Non-Recoverable.

Dimitri,   You could also set the condition up within the Tax and Reclaim Groups setup to look at the Missing Receipt Affidavit field to see if the affidavit is set and if so, it will assign the zero tax rate that is unrecoverable

Thomas Stagliano, M.I.T.
DimitriK
Occasional Member - Level 2

Re: When using Affidavit the VAT setting should posted to Zero and Non-Recoverable.

Hi Thomas,

much appreciated.

Best regards

Dimitri