Register VAT on Purchase Orders
In Russia, organizations are required to keep a journal of received and issued VAT invoices. Business Central enables you to register VAT on purchase orders so that the information is tracked in the VAT invoices journal.
To register VAT on a purchase order
Choose the
icon, enter Purchase Order, and then choose the related link. Select the relevant purchase order.On the Shipping FastTab, fill in the fields as described in the following table.
Field Description Vendor Receipts No. Enter the identification number from the vendor receipt. Vendor Receipts Date Enter the date from the vendor receipt. On the VAT FastTab, fill in the fields as described in the following table.
Field Description Vendor VAT Invoice No. Enter the invoice number from the original VAT transaction. Vendor VAT Invoice Date Enter the invoice date from the original VAT transaction. Vendor VAT Invoice Rcvd Date Enter the date that the purchase was received. The VAT transaction is now registered and will be tracked in the VAT invoices journal after the purchase order is posted.
See Also
Set Up VAT Ledgers
Prepare VAT Entries for Posting
Report VAT to Tax Authorities