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Offset Tax Support

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Comments
edited Oct 16, 2019 9:49AM in Tax & Global 3 comments

Summary

Offset tax not calculated in the transaction

Content

Hi,

 

I need help to solve a problem about the calculation of the offset tax when I create a transaction:

due to the fact that in italy there is reverse charge, we need to calculate the tax and immediately offset it.

for example we have

 

Revenue                                1000

VAT 22%                                220

Reverse Charge                    -220

Total Credit to Customer        1000

 

We have already created the tax and the offset tax and matched together

We have also created a recovery rate (100%) associated to the offset tax.

 

When we tried to create transactions with these tax, the offset tax didn't appear.

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