Automate VAT on Expenses
I created a VAT for TAX RATE = 11%
I need to apply tax on Payables invoice based on the below rules:
1- "Supplier Registered in VAT? (Y/N)
2- Goods/Service Type"
"The supplier is registered and submits an invoice with a good and a service.
The product is subject to VAT but the service isn't, so VAT will be paid only on the value of the good (= VAT is applicable on item level)"
Calculation: 11% x product amount only (supplier is registered and service isn't subject to VAT)
How to create and automate these rules? what to change in supplier profile?