VAT only invoice

[former_member185664]

Hi,

How do you post a VAT only Supplier Invoice in SAP Business ByDesign?

We have an invoice from a Supplier which is for VAT only with no Goods value but there does not seem to be a way of creating a Supplier Invoice with Tax only.

Regards,

Lee

[rami_luchmun · Accepted solution]

Hello Lee,

The way to enter a supplier invoice with tax only is to enter 2 invoice lines as follows:

Line 1: Invoice Line with a net amount, tax, tax code, and tax region that will calculate the tax amount required. Example: If the invoice needs to have only tax amounting to $15.00, use net $100.00 with a tax code and region assigned a rate of 15%. Line 1 = $100.00 net + $15.00 tax

Line 2: Credit Memo Line with the net amount used in Line 1 using a tax code with 0% tax. Line 2 = ($100.00)

Total Invoice Amount = $0.00 Net + $15.00 tax = $15.00

G/L Account will need to be a manual clearing account for both invoice lines such that it will clear to $0.00 (Line 1 = +$100.00 and Line 2 = ($100.00) = $0.00

Let me know if this work-around works.

Rami

[JohnMeadows]

Hi both

A much simpler way is to post a duty only invoice, available in the supplier invoicing work center.

John

[former_member185664]

Thanks Rami, this worked.

Much appreciated.