VAT only UK Invoice

[former_member257340]

Hello there its been discussed many time but no actual solution.

I want to post VAT only invoice with Base value should be ZERO and Input VAT will be 100%.

So far I tried F-43

Dr VAT account

Cr Vendor

Issue with this though in RFUMSV00 VAT amount appears in Base amount and Input tax will be blank hence this brings the wrong value to the reporting as we use SUM of base amount(VST ) as UK purchases. Is there a solution to bring base amount ZERO and VAT will be captured in Input tax?

I am aware of using F-41 (this does not meet business requirement as we want this item to appear in report)

Any help will be appreciated. Thanks

[Former Member]

Hi Hebsur,

Good day,

If the purpose is to report with Tax base zero, then we can configure the output lists accordingly.

Thanks

[Former Member]

Hi Badarinath,

As per your entry, system is considering Input VAT as expense line item, thats why system is considering it as a base amount and it is standard behavior, Ideally on invoice base amount only system will calculates the input VAT.

In your case, Its better to create a Z report as per your requirement for these UK invoices.

Regards,

Ravi

[former_member257340]

Ravi,

Zreport will be final option, I am wondering has some out there has done anything on configuration to make this work. Thanks