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Can VAT calculations be done in HUB and can we prevent reopening AP

edited Sep 16, 2024 8:07PM in Tax & Global

Summary:

We close AP on Bd -2 and then by the time we're going to run these transfer pricing allocations through to the intercompany and then through to AP, AP module is already closed. One challenge that that poses for us in order to calculate the VAT for a particular month, then we have to reopen AP and run the data through into AP and generate the invoices and calculate the VAT and so on and so forth. Can these Calculations be done in Accounting HUB?

@Jessica Downes-Oracle


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