Hi
It is my understanding that SAP automatically applies the VAT rate based on the Posting Date of an AP Invoice. This means that an invoice received today that is dated last week would have to show a Posting Date of last week otherwise it will automatically apply 20% rather than 17.5%. It would seem that the only way to override this is to enter a date from last week (before the VAT increase) into the Posting Date.
Does anyone know whether you can change the setting to base the VAT on the Document Date rather than the Posting Date, or whether you can manually override the VAT?
Regards
Pauline Biden
IT Project Manager at ALCS