Configure multiple VAT duties and multiple VAT codes

By default, VAT restriction on journal entries is set for a VAT duty. This means that a restriction on the VAT applies while entering: you can only select the VAT codes that refer to the VAT duty for the journal in which you are entering. If you do not want a VAT restriction, you can specify this in the properties of the VAT duty in question. This allows you to select from the entire list of existing VAT codes when posting entries for the debtor or creditor for which you have specified this VAT duty.

This could apply, for example if you have multiple foreign VAT numbers and want to be able to select the VAT duty to use when posting an entry.

Example:

For the Sales within EU VAT duty, you deselect the VAT restriction on journal entries check box and for a specific debtor you set the VAT duty to Sales within EU. In that case, no restrictions apply to the VAT and you can select from the entire list of existing VAT codes when posting an entry for this debtor.

VAT duty without VAT restriction for multiple VAT codes:

1. Go to: Financial / VAT/ICP / Configuration / VAT duty.  

   

2. Open the properties of VAT duty.
3. Go to the tab: General.

   You see the general data of the VAT duty, including the Description, the area the transaction refers to and whether a tax payment exemption or transfer applies.

4. Deselect the VAT restriction on journal entries check box if you want to be able to select from the entire list of existing VAT codes when posting entries to Financial for the debtor of creditor for which you have specified this VAT duty.

   The VAT restriction on journal entries check box is selected by default. This means a restriction applies on entering the VAT: you can only select the VAT codes that refer to the VAT duty for the journal in which you are entering.

5. Go to the tab: VAT codes.

   You see the VAT codes that are linked to the VAT duty.

6. Click on: OK.