Skip to Content

Invoice booking with old rates

Dear Experts,

There is change in VAT rate for Switzerland country from 1 January 2018. We have to book invoice from 2017 in 2018 with old rates (Service delivered / received in 2017 and invoice received in 2018).

Can you please let us know how can we book such invoices in SAP Business ByDesign.

Thanks & Regards,

Sujeet Kumar

Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

1 Answer

  • Best Answer
    Jan 10 at 04:47 PM

    Sujeet

    business bydesign maintains a history of tax rates and effective dates, therefore the system will calculate the correct rate for the date on which the invoicing document is posted.

    If you post into 2017 the system will use the rate active on the posting date.

    otherwise if you post into 2018 it will use the current rate. This is the correct process for tax invoices.

    John Meadows

    Add comment
    10|10000 characters needed characters exceeded