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Tax Code with "Reverse Charge Code" selected

edited Mar 9, 2021 6:25PM in Ask A Guru 2 comments

Hi,

I need to understand what the "Reverse Charge Code" check box on a Tax Code actually does. The help implies that I can only use this code on purchase transactions, yet "Available On" is set to "Both" and I have successfully been able to create a sales invoice in our sandbox using this code.

The code is RCS-SE which is one of the defaults created when enabling the Swedish nexus.

I am concerned that if I instruct users to continue to use this and other reverse charge codes we will have an issue at the point of the tax return.

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