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Non Deductible VAT

edited Feb 19, 2026 12:22PM in Ask A Guru 3 comments

Hello all,

We are facing an issue regarding a partially deductible VAT.

A client in the investment/trading business can only claim a percentage of the VAT in purchase transactions. Although, the percentage is not fixed for every month.

Also, when reverse charge tax code is applied to a transaction, a percentage on the vat on purchases needs to be allocated back to the expense account.

Suitetax feature is not enabled.

Have anyone faced this before? Can you please assist?

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