Hi,
I have a requirement for Belgium country. I have to calculate vat receivable and vat payale at the same time for a business transaction like below mentioned. The same should be displayed in f.12(VAT Report).
scenario : Expeses a/c dr 100
VAT receivable a/c dr 10
to Vendor a/c 100
VAT payable a/c 10
has anybody come across this type requirement?
Please guide me.
Thanks
MBN