Setup VAT Groups

Finance and Operations/AX User Forum
1

Hi,

I’m working with AX 4.0 and I’m checking the VAT groups setup for our spanish subsidiary .

I have seen that there is the flag Intra-community VAT in some VAT codes that they use for the self-invoice.

Can anyone tell me what the field Intra-community VAT means?

Thanks a lot

Ilenia

2

When you post an EU vendor invoice, you calculate VAT and in the same transaction deduct VAT amount if invoice.
You control this behaviour using that setting.

3

Thanks Nuno.

I observe that when I put this flag the program makes the line of the VAT posting using the VAT Payable account instead of Purchase VAT payable setting in the ledger posting group.

I think that it’s what I need.