AP Invoice With VAT on Services
Hi ,I have query on the practice followed for service Invoices
Our Client(in France) receives AP invoice from his suppliers who are registered in another EU country in which the client doesnt have a VAT reg, When the supplier sends an Invoice he sends invoice with VAT (for example German VAT), Our client will apply for recovery with the german authorities once an Year.
What is the Best practice followed for the clients in Europe?
1. seperate rate under our French VAT regime or
2.define the German VAT regime.or
3.Manage with GL entries
Thanks,
Lakshman.
Our Client(in France) receives AP invoice from his suppliers who are registered in another EU country in which the client doesnt have a VAT reg, When the supplier sends an Invoice he sends invoice with VAT (for example German VAT), Our client will apply for recovery with the german authorities once an Year.
What is the Best practice followed for the clients in Europe?
1. seperate rate under our French VAT regime or
2.define the German VAT regime.or
3.Manage with GL entries
Thanks,
Lakshman.
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