VAT computes wrongly

[Former Member]

we post one vendor invoice, I vendor amount 1000 USD, input tax code (10%), choose calculate tax, but the entry becomes:

Cr: vendor 1000

Dr; expense 909

     input tax 91

actualy it should be

Cr: Vendor  1100

Dr: expense 1000

Dr  tax 100

which configuration I need to change?

[Former Member · Accepted solution]

Hi is this solved . If yes . Please assign the points

many thanks

[Former Member]

after ticking check box your entry should like that

and overview would be like that

3

I think That what you need .I hope this will help you .

Many Thanks

[Former Member]

Hi ,

Did you post via T-code Fb60 ? IF yes then Go again in Fb60  and click on Editing option on right hand side. Then Click  the check box calcuate tax on net . 

Please reverse this invoice and after making above setting  re-enter the invoice again .

Before you do anything go to your test system and make changes their and post a same docuemnt there . and I am sure this will work and then do in Production by reversing and making chnages .

Thanks

Regards

[Former Member]

Have you tried before? I enter as you said, vendor amount:1000,

Posting is only possible with a zero balance; correct document

Message no. F5060

Bal is 100 and in red color, any idea?

[Former Member]

hi

Document posted wrongly according to you as below

Document potsted with my reply previously . Did you tick " calculate tax on Fb60

Many thanks