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How to generate AR Invoice with Tax value even AR Down Payment is generated.

Feb 06 at 05:31 AM

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Former Member

Dear

I am using SAP Business One 9.1 (9.10.230) PL: 13 (32-bit).

1. I create SO at first and create AR Down Payment copying from SO

1) Input AR down payment invoice AED105 (include VAT)

AR AED 105 / Customer Deposit (Advance payment) AED 100 / VAT (tax) AED 5

2) Incoming payment booked on the AR down payment invoice

Cash AED 105 / AR AED105

2. Then, I create Delivery copying from SO.

3. After that I also create AR Invoice copying from same SO.

Input AR Invoice

(AR AED 0 / VAT (tax) AED 0)

Customer Deposit AED100 / Sales Revenue AED100

My question is can we have AR Invoice with Tax details. Because, as per UAE Tax law the final invoice should be with TAX value.

Tax for Customer - Tax shall be calculated on the date on which the Tax Invoice was issued. And this should be Tax Invoice As Per the Guidelines of UAE FTA.

Could you please assist how to generate AR Invoice with Tax value even AR Down Payment is generated.

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2 Answers

Jitin Chawla
Feb 06 at 07:22 AM
0

Hi,

2 things to be clarified for the scenario:

1) Is the Journal Entry of the AR Down Payment booking the Tax Amount?

2) Was the Down Payment Invoice applied to the AR Invoice?

regards,

Jitin

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Former Member Feb 07 at 05:03 AM
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Hi Jitin,

1) Is the Journal Entry of the AR Down Payment booking the Tax Amount?

Yes

2) Was the Down Payment Invoice applied to the AR Invoice?

Yes. I create AR Invoice copying from same SO. With ref to Down payment receipt.

Thanks

Sadaq

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