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Vendor prepayment with VAT

in Ask A Guru 4 comments

Hii,, in my country we have a rules,, if we doing vendor prepayment, we should recocnized VAT,

example case :

Item 10.000

Vat 1.000

when vendor prepayment we should input VAT and make journal

db Vendor Prepayment 5.000

db VAT 500

cr Bank 5.500


then when we doing bill journal will

db item 10.000

db VAT 1.000

cr Account Payable 11.000

at the same vendor prepayment application

db Account Payable 5500

cr Vendor prepayment 5000

cr VAT 500


any bundle to create this?

Regards,

R. Dieka Pribadi G. E.,

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