You can select the date of the VAT register for VAT reporting when you post a purchase invoice. When you post an invoice with deferred incoming tax, the VAT amount is posted to a temporary account, and then posted to the VAT account on the selected register date.

  1. Click Accounts Payable> Journals> Invoices> Invoice Journalto open the Journalform.

  2. Press CTRL+N to create a new line.

  3. In the Namefield, select the name of the journal.

  4. Click Linesto open the Journal voucherform.

  5. In the Account typefield, select the type of account that the transaction will be applied to.

  6. In the Accountfield, select the vendor account.

  7. In the Transaction textfield, select the transaction text.

  8. In the Debitor Creditfield, enter the amount.

  9. In the Offset account typefield, select the offset account.

  10. In the Offset accountfield, select the ledger account.

  11. Click the Generaltab.

  12. In the Date of VAT registerfield, select the VAT register date.

  13. Click Validate> Validateto open the Check journalform.

  14. Click OKto validate the journal.

  15. Click Post> Postto post the journal.

  16. Press CTRL+S or close the form.

See Also