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Former Member

Refund of Sales Tax Special Payment 1/11

Hello community,

our customer paid that so called Special Tax in Germany and got a refund of Sales Tax Special Payment 1/11.

To book this Kind of Transaction in ByD we use the WoC -> Tax Management -> Commen Tasks -> New Tax Payment

He paid for example:

10000€ to Tax Office

and now he get 5000€ refund.

How can we book this Transaction?

Regards

AvinayPuniyani

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1 Answer

  • Apr 15, 2016 at 09:03 AM

    Hi Avinay,

    Currently the Tax Refund Scenario is not supported in ByD.

    But we can think of in a direction that how can we change the net tax payable to the tax authority.

    For now the only way to do so in a consistent manner would be to create a manual tax entry,

    Please refer to VAT entry quick guide in help center.

    You can use this to increase/reduce your VAT payable/receivable.


    May you can create a separate G/L Account for prepayment, then it is possible to book the refund in the bank account.

    Put a description of the VAT entry, so that for audit purposes this can be transparent.

    Thanks

    Lokesh Sharma

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    • Former Member

      Hi Lokesh,

      thank you very much for your replay.

      Can you please explane me your Suggestion in single steps to do. 😊

      Regards

      Avinay